ZB

Brad Olsen: 30 Year High Inflation Should be Sounding Alarm Bells

Author
Newstalk ZB,
Publish Date
Thu, 27 Jan 2022, 2:27pm
Councillors today voted for the controversial 11.5 cents a litre fuel tax. (Photo: Getty Images)
Councillors today voted for the controversial 11.5 cents a litre fuel tax. (Photo: Getty Images)

Brad Olsen: 30 Year High Inflation Should be Sounding Alarm Bells

Author
Newstalk ZB,
Publish Date
Thu, 27 Jan 2022, 2:27pm

Consumer prices are rising at the fastest pace since 1990... with inflation hitting 5.9 per cent at the end of 2021.

Figures from Statistics New Zealand show a further sharp lift in the cost of construction, petrol and rents pushed the consumer price index up 1.4 per cent in the final three months of the year.

Simon Barnett & James Daniels spoke with Principal Economist and Director of Infometrics Brad Olden.

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