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CPI data: Economists predict lower inflation ahead of tomorrow's release

Author
Newstalk ZB,
Publish Date
Tue, 16 Apr 2024, 8:26pm
Photo / File
Photo / File

CPI data: Economists predict lower inflation ahead of tomorrow's release

Author
Newstalk ZB,
Publish Date
Tue, 16 Apr 2024, 8:26pm

Tomorrow's CPI data release is expected to reveal how close the Reserve Bank is to pushing down inflation.

During last week's OCR update, the Bank was confident restrictions would get CPI back to the target one-to-three percent this year.

HSBC chief economist Paul Bloxham predicts that inflation would have slowed down this quarter.

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