TMM - News
Inflation to "force" OCR hike
Jeremy Couchman, Kiwibank Senior Economist
Tuesday 16th of October 2018
It comes as September inflation figures showed a stronger-than expected 0.9% quarter on quarter increase, taking annual inflation up to 1.9% -- just below the Reserve Bank's 2% target mid-point. Rising inflation and GDP growth are needed before the central bank considers a hike.
Jeremy Couchman, said rapidly increasing inflation, driven by house price increases and the 20% yea...
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