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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Economics
5 mins to read

Positive signals that inflation has peaked, further OCR hike

Inflation falls to 6.7% in the March year, but domestic inflation still running red hot.

ASB senior economist Mark Smith speaks with Jonathan Mitchell.

Inflation has peaked and heading south, according to economists, but the RBNZ is expected to shift the official cash rate higher next month. 

Statistics NZ data today showed CPI inflation falling in the year to March to 6.7%, from 7.2% in the December and September quarters, with most analysts

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Jonathan Mitchell Thu, 20 Apr 2023
Contact the Writer: jmitchell@nbr.co.nz
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Positive signals that inflation has peaked, further OCR hike
Economics,
98702
true