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Kelly Eckhold: Westpac Chief Economist ahead of the CPI release, says inflation is predicted to be around 2%

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Manage episode 445319122 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.

Many forecasters are expecting inflation to be around 2%, well within the Reserve Bank's target range.

The latest Stats NZ Consumer Price Index number will be released this morning.

The Reserve Bank was confident last week inflation is now below 3%.

Westpac Chief Economist Kelly Eckhold told Ryan Bridge that imported things like petrol and electronics have fallen in price, but rates, insurance, and services have increased.

He says the average of more than 2% reflects divergent trends.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

3258 episodes

Artwork
iconShare
 
Manage episode 445319122 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.

Many forecasters are expecting inflation to be around 2%, well within the Reserve Bank's target range.

The latest Stats NZ Consumer Price Index number will be released this morning.

The Reserve Bank was confident last week inflation is now below 3%.

Westpac Chief Economist Kelly Eckhold told Ryan Bridge that imported things like petrol and electronics have fallen in price, but rates, insurance, and services have increased.

He says the average of more than 2% reflects divergent trends.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

3258 episodes

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