Inflations expectations dampen in RBNZ survey

(Image: Getty)

Tue, 13 Feb 2024

Economists believe the Reserve Bank (RBNZ) will be heartened by new survey results that show business leaders and professional forecasters continue to see inflation tracking down.On average, the 38 people surveyed as a part of the RBNZ’s quarterly Survey of Expectations saw the annual inflation rate falling to 3.22% (from 4.7%) by this time next year and 2.5% by early 2026.The RBNZ, in its latest set of economic forecasts released in late November, saw inflation falling faster. Indeed, if the survey respondents are right, and the inflatio...

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