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Inflation expectations reach 11-year high

Reserve Bank survey also shows house price growth slowing.

Inflation expectations have reached an 11-year high of 3.70%, according to the Reserve Bank’s latest quarterly survey of business expectations. Two-year expectations were 2.96% and five-year expectations 2.17%.

Westpac senior economist Satish Ranchhod said the survey results, along with other

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Daniel Riordan Thu, 18 Nov 2021
Contact the Writer: daniel@nbr.co.nz
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Inflation expectations reach 11-year high
General Business,
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