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Nick Tuffley: ASB Chief Economist predicts that inflation will drop to 4.1%

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Manage episode 412906082 series 2098280
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Banks are picking inflation to continue falling.

ASB is expecting today's figures to show annual inflation falling to 4.1%, the lowest since June 2021.

ASB Chief Economist Nick Tuffley told Mike Hosking that things like rates, rents, and insurance are going the wrong way.

But, he says, it's still likely to drop because we aren't spending as much on durables, so some of those behavioural impacts should come through.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

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2735 episodes

Artwork
iconShare
 
Manage episode 412906082 series 2098280
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Banks are picking inflation to continue falling.

ASB is expecting today's figures to show annual inflation falling to 4.1%, the lowest since June 2021.

ASB Chief Economist Nick Tuffley told Mike Hosking that things like rates, rents, and insurance are going the wrong way.

But, he says, it's still likely to drop because we aren't spending as much on durables, so some of those behavioural impacts should come through.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

2735 episodes

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