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Is a potential rise in inflation a cause for concern?

Author
Newstalk ZB,
Publish Date
Thu, 17 Apr 2025, 9:37am
 Photo / Getty Images
Photo / Getty Images

Is a potential rise in inflation a cause for concern?

Author
Newstalk ZB,
Publish Date
Thu, 17 Apr 2025, 9:37am

Our economy could take a knock, with volatility in the global trade environment.  

Infometrics has revised its GDP forecast for next year from 2.6% to 1.0% per annum, in anticipation of reduced exports stemming from Donald Trump's tariff policy. 

The annual inflation rate is expected to have risen from 2.2% to about 2.4%. 

ASB Chief Economist Nick Tuffley told Ryan Bridge they’re not too worried about a slight increase in inflation, as the domestic part of inflation should fall substantially this quarter. 

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