Inflation is eye-watering to look through
We’re seeing a short-term spike in inflation right now. Food prices have reaccelerated, household energy costs are climbing, and rising tensions in the Middle East are pushing around global oil prices These days it feels like there is cost pressure after cost pressure hitting households and businesses. All while growth is rather lacklustre. The word “stagflation” has been circulating both here at home and in the US. But we’re nowhere near that yet.
Modal to play video
All content is general commentary, research and information only and isn’t financial or investment advice. This information doesn’t take into account your objectives, financial situation or needs, and its contents shouldn’t be relied on or used as a basis for entering into any products described in it. The views expressed are those of the authors and are based on information reasonably believed but not warranted to be or remain correct. Any views or information, while given in good faith, aren’t necessarily the views of Kiwibank Limited and are given with an express disclaimer of responsibility. Except where contrary to law, Kiwibank and its related entities aren’t liable for the information and no right of action shall arise or can be taken against any of the authors, Kiwibank Limited or its employees either directly or indirectly as a result of any views expressed from this information.