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19 Jan 2026 3:34
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      Home > News > Business

    An additional OCR cut is not expected for a while, and there even could be a hike

    An additional OCR cut is not expected for a while, and there even could be a hike

    17 January 2026
    Stats NZ Data shows Food got four-percent more expensive in 2025, while electricity got 12-percent more expensive, and gas rose 17.5 percent.

    ASB Senior Economist Mark Smith, says price rises are a bit more stubborn than previously thought.

    He says it could mean that the goal of achieving two percent inflation could take longer.

    © 2026 Newstalk ZB, NZCity


     Other Business News
     18 Jan: Emergency Management Minister Mark Mitchell says Northland has been hit hard by flooding
     18 Jan: Revelations New Zealanders faced a 200-percent spike in E-shop scams over the festive season
     17 Jan: Finance Minister Nicola Willis has dropped some hints about this year's budget
     16 Jan: Kiwis are feeling the pinch more at the checkout - than they are at the pump
     16 Jan: Good news for our manufacturing sector
     16 Jan: ???1;The construction sector's feeling optimistic, despite weak demand
     15 Jan: Signs of recovery in at least parts of the retail sector
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