Inflation will wobble – but Wheeler will still wait
Some economists are picking a slump to 1.7% for the year to June.
Rob Hosking Mon, 17 Jul 2017
Price inflation figures, due out tomorrow, are expected to show a drop in the headline rate.
A mix of lower fuel prices, a strong New Zealand exchange rate, and broader seasonal fluctuations mean the annual consumer prices index is likely to fall from 2.2% to at least 2%, perhaps lower. Some
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