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Inflation data: Will prices rises be back in the target band?

Author
Newstalk ZB,
Publish Date
Tue, 15 Oct 2024, 8:00pm
 Photo / Getty Images
Photo / Getty Images

Inflation data: Will prices rises be back in the target band?

Author
Newstalk ZB,
Publish Date
Tue, 15 Oct 2024, 8:00pm

All eyes are on Stats NZ's newest release tomorrow - as Kiwis brace to find out the official Consumers Price Index figures.

Following the Reserve Bank's latest cut to the OCR, the bank is confident inflation has dipped below the 3 percent threshold.

HSBC chief economist Paul Bloxham predicts whether or not inflation will drop back within the target band.

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