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Economics
3 mins to read

Inflation plays nice, while migration gains settle

Official data reinforces the subdued economy requires more interest rate cuts to grow again.

Illustration: Michael Hickmott.

New Zealand’s inflation beast appears to be settling into the key target band – as widely expected – as official data reveals more modest price increases.

Statistics New Zealand data out today showed food prices gained 1.2% in the year ended September, following a 0.4% increase in the year

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Jonathan Mitchell Fri, 11 Oct 2024
Contact the Writer: jmitchell@nbr.co.nz
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Inflation plays nice, while migration gains settle
Economics,
106252
true