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ANZ Economists predict inflation to be 7.2 percent once more

Author
Newstalk ZB,
Publish Date
Wed, 25 Jan 2023, 7:49AM
Photo / Getty Images
Photo / Getty Images

ANZ Economists predict inflation to be 7.2 percent once more

Author
Newstalk ZB,
Publish Date
Wed, 25 Jan 2023, 7:49AM

The devil could be in the details when it comes to the latest inflation figures.

Annual Consumer Price Index data —due out later this morning— will show how much prices increased for the average household in the past 12 months.

New Zealand's inflation rate for the year to October was 7.2 percent.

ANZ Chief Economist Sharon Zollner told Tim Dower that she's expecting the same inflation rate this time around.

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