PREVIEW: Inflation tipped to remain tepid in June quarter, add to rate cut case

PREVIEW: Inflation tipped to remain tepid in June quarter, add to rate cut case
Rebecca Howard
By Rebecca Howard July 15 (BusinessDesk) - Inflation  is expected to remain tepid in the June quarter, largely boosted by higher fuel prices, and will likely add to the view that the Reserve Bank is poised to cut rates.  Economists expect the consumers price index rose 0.6 percent in the three months ended June 30, for an annual increase of 1.7 percent, according to the median estimate from a poll of economists by Bloomberg. The Reserve Bank of the New Zealand is forecasting the same numbers. The data is due Tuesday. The central bank h...

More Finance

Port of Auckland to pay $45m special dividend to council
Finance

Port of Auckland to pay $45m special dividend to council

The divestment proceeds will be used to top up the Auckland Future Fund.

Oliver Lewis 27 Jun 2025
$600m in tourist spend at risk from regulation: Mastercard
Finance

$600m in tourist spend at risk from regulation: Mastercard

When Europe cut interchange fees, foreign card decline rates soared.

Pattrick Smellie 27 Jun 2025
Michael Lorimer exits Grant Samuel amid more sector change
Finance

Michael Lorimer exits Grant Samuel amid more sector change

Lorimer has sold his 80% stake in the corporate advisory firm.

Duncan Bridgeman 26 Jun 2025