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Inflation likely to remain high and stubborn in 2024, economist predicts

Author
Newstalk ZB,
Publish Date
Tue, 12 Dec 2023, 7:45pm
Photo / Getty Images
Photo / Getty Images

Inflation likely to remain high and stubborn in 2024, economist predicts

Author
Newstalk ZB,
Publish Date
Tue, 12 Dec 2023, 7:45pm

2023 is drawing to a close, and economists are predicting what lies ahead for the new year.

New Zealand is still fighting a long, drawn-out battle with inflation, which is set to impact jobs and house prices.

HSBC chief economist Paul Bloxham says the uptick in migration is set to boost demand for goods and services- meaning inflation will be stickier for longer.

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