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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
3 mins to read

Sky TV factor helps keep inflation tame

No change expected in interest rates until late next year.

Jenny Ruth
Tue, 17 Jul 2018

Annual inflation came in bang on the Reserve Bank’s forecast at 1.5%, with housing and household utilities contributing the most to the increase.

Petrol prices also rose strongly, up 3.2%, but this was offset by lower prices for used cars, down 3.3%, and for home entertainment.

Economists had

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Jenny Ruth
Tue, 17 Jul 2018
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Sky TV factor helps keep inflation tame
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