Sharon Zollner: Economist says inflation figures won't show the full picture of rising consumer prices

episode

Best of Business not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from Best of Business

Jannet Xuccoa: When's the right time for a trust? 44 min · 21 Dec 2025

All episodes from Best of Business →

Report any issue

Source

Recorded17 Oct 2022

Publisheromnycontent.com ↗

Handlerec:7248984

Show notes

New inflation figures due out this morning won't show the full picture of rising consumer prices. Stats NZ will release its latest quarterly CPI data shortly before 11am. It's expected to show inflation has eased off slightly, from its once-in-a-generation high of 7.3-percent in the year to June. ANZ Chief Economist Sharon Zollner told Mike Hosking that's mostly due to a fall in petrol prices, rather than a fall in the price of anything else. She says falling petrol prices are helpful, but the Reserve Bank needs to see a much more broad-based fall in inflation. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.