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Inflation dragon not slain yet

Thursday 25th of January 2024
Imported inflation, sitting at 3%, continues to do most of the leg work in bringing down the headline number. But that’s not really what the RBNZ cares about, says chief economist Jarrod Kerr, Mary Jo Vergara senior economist and Sabrina Delgado economist. “The RBNZ wants to see a significant deceleration in domestic inflation. And with non-tradable inflation remaining elevated at 5...
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