One-in-three chance Reserve Bank will need to hike after inflation number

One-in-three chance Reserve Bank will need to hike after inflation number
RBNZ governor Adrian Orr is probably worried about inflation. (Image: NZME)
Cameron Bagrie
No amount of sugar-coating around a falling headline inflation rate to 4% can hide the reality. Wednesday's inflation number composition should worry the Reserve Bank of New Zealand.Non-tradeable inflation – the domestic inflation pulse – came in at 5.8%, 0.5 percentage points above the Reserve Bank of NZ's (RBNZ) February estimate.Service sector inflation, influenced by the labour market, accelerated to 5.3% from 4.7%. Inflation, excluding food and petrol, was unchanged at 4.1%. Core inflation appears to be running around 4...

More Economy

Adrian Orr’s first commercial post-RBNZ gig revealed
Economy

Adrian Orr’s first commercial post-RBNZ gig revealed

Orr backs the Māori economy in his first executive gig since quitting.

Pattrick Smellie 12 Sep 2025
Retail card spending climbs for third month
Retail

Retail card spending climbs for third month

The total amount spent using electronic cards was $9.3 billion.

Chido Machingura 12 Sep 2025
Receivers hunt for missing cars amid $5.7m company collapse
Economy

Receivers hunt for missing cars amid $5.7m company collapse

The cars were moved to Takanini and Manurewa before the insolvencies.

Gregor Thompson 12 Sep 2025
Majority of CFOs want Govt policy shift, but don't expect it
Finance

Majority of CFOs want Govt policy shift, but don't expect it

The Mood of the CFO survey shows a “two speed” economy with wildly divergent results.

Dileepa Fonseka 10 Sep 2025