Two-year inflation expectations inch higher

Two-year inflation expectations inch higher
(Image: Getty)
Rebecca Howard
Two-year ahead inflation expectations ticked up slightly, but one-year expectations continue to slide in the Reserve Bank of New Zealand’s latest survey.The two-year-ahead inflation expectations increased from 2.03% to 2.12% compared to the August survey.The one-year-ahead inflation expectations, however, fell 35 basis points from 2.4% to 2.05%.Annual inflation was 2.2% in the September quarter, down from 3.3% in the June quarter. Still in the bandFarther out, the mean five-year-ahead annual inflation expectation increased by 17 basi...

More Economy

NZ Post’s parcel business is booming
Economy

NZ Post’s parcel business is booming

NZ's e-commerce share of retail has room to grow, says CE.

Reforms needed for strong economic recovery: OECD
Economy

Reforms needed for strong economic recovery: OECD

According to the OECD, looser monetary policy and fiscal consolidation were required.

John Anthony 06 Dec 2024
Tony Alexander picks mild recovery
Economy

Tony Alexander picks mild recovery

Tony Alexander urges caution and restraint and forecasts a mild recovery.

Garth Bray 05 Dec 2024