PHOTO Inflation hit a two year high as the full impact of the Middle East war made itself felt on prices. Stats NZ data showed the consumer price index rose 1.5 percent in the three months ended June, with the annual inflation rate rising to 4.1 percent f... See more
PHOTO Inflation is set to hit its highest level in two years, driven by the spike in fuel prices caused by the Middle East war, backing the prospect of more interest rate hikes by the Reserve Bank of New Zealand. Economists are expecting the annual rate t... See more
An end to the Middle East conflict, financial discipline and a return to solid economic growth are being relied on to deliver a quicker return to budget surpluses. The budget forecasts a return to a budget surplus in 2028/29, a year ahead of the December ... See more
- RBNZ to hold official cash rate steady at 2.25 percent - Expected to wait for more clarity on the inflation impact of Middle East conflict - A repeat likely of April's statement of balance between growth and inflation fighting - Economists broadly expec... See more
- The government's 2026 budget is about getting the books in order - The Middle East conflict is clouding economy, forecasts, income, spending - Higher deficit expected in near term, no surplus until 2030 - Spending to be constrained and reprioritised, ne... See more
