Henry Russell: ANZ Economist predicts the inflation rates for the last three months to September
The Mike Hosking Breakfast - A podcast by Newstalk ZB
High inflation may be sticking around for a while longer. Stats NZ will release the figure for the three months to September today. Petrol is a big factor in that increase, with a combined removal of the subsidy and international factors driving it up. ANZ Economist Henry Russell expects the annualised figure to September to be 6.1%. He told Mike Hosking that there other factors contributing to that. Russell says wages are an important factor in domestic inflation and contribute towards the Reserve Bank's decisions. LISTEN ABOVE See omnystudio.com/listener for privacy information.
