• Jarrod Kerr: Kiwibank economist on the inflation rate dropping to 4.7 percent in the December quarter

  • Jan 24 2024
  • Length: 2 mins
  • Podcast

Jarrod Kerr: Kiwibank economist on the inflation rate dropping to 4.7 percent in the December quarter By cover art

Jarrod Kerr: Kiwibank economist on the inflation rate dropping to 4.7 percent in the December quarter

Listen for free

View show details

  • Summary

  • New Zealand has had its smallest annual inflation increase in two years.

    CPI rose 4.7 percent in the year to December- in line with the expectations from economists.

    That's down from the 5.6 percent recorded for the year to September, and down from the 7.3 percent rise recorded in the year to June 2022.

    Kiwibank economist Jarrod Kerr says this means the Reserve Bank will start cutting interest rates to provide relief to households.

    "We've had inflation running at over 7 percent, and people had that in the back of their mind. Now inflation's running at over 4 percent, that's quite a drop. By this time next year, inflation will run closer to 2 percent."

    LISTEN ABOVE

    See omnystudio.com/listener for privacy information.
    Show more Show less
activate_primeday_promo_in_buybox_DT
Politics & Government
Show more Show less

What listeners say about Jarrod Kerr: Kiwibank economist on the inflation rate dropping to 4.7 percent in the December quarter

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com reviews

Amazon reviews
No Reviews are Available