News | Business
4 Mar 2021 16:13
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Inflation rates show the economy is recovering well, maybe too well in some sectors

    Inflation rates show the economy is recovering well, maybe too well in some sectors


    Figures from Stats NZ put the annual inflation rate at a 1.4 percent, but points out that prices for used cars, furniture and electronics are being driven up because of supply constraints.

    Kiwibank chief economist Jarrod Kerr says they want the Official Cash Rate kept at 0.25 percent until well into 2022 to stabilise one market in particular.

    He says the rise in house prices is concerning and we need to think about how to rein it in, rather than stimulate.

    © 2021 Newstalk ZB, NZCity


     Other Business News
     04 Mar: The Herald's weekly brand readership has surged past the magic two million mark
     04 Mar: The West Coast presents two very different stories in the era of Covid-19
     04 Mar: An assurance Wellingtonians will start seeing action, now its transport plan's under the microscope
     04 Mar: Fonterra is weighing up a possible increase to its Farmgate Milk Price, following the latest rise in global dairy prices
     03 Mar: China seems firmly at the centre of the latest jump in dairy prices
     03 Mar: "Buy now pay later" ... is on the rise in New Zealand
     03 Mar: A man's been sentenced for falsely claiming his deregistered company was on the Financial Service Providers Register
     Top Stories

    RUGBY RUGBY
    From one gnarly old prop to another More...


    BUSINESS BUSINESS
    The Herald's weekly brand readership has surged past the magic two million mark More...



     Today's News

    Entertainment:
    Lady Gaga's dog walker has praised her "unwavering" support after he was shot when perpetrators attempted to steal her three pet pooches 16:01

    Health & Safety:
    Wastewater testing for Covid-19 has kept coming back negative 15:57

    International:
    Buckingham Palace to investigate bullying claims made against Meghan Markle 15:57

    Cricket:
    Jeetan Patel sees his new England coaching role as un utter privilege 15:47

    Entertainment:
    Gal Gadot is expecting her third child 15:31

    Entertainment:
    Hilaria Baldwin has welcomed her sixth child 15:01

    Education:
    This year's McEvedy Shield athletics championships have been cancelled 14:57

    Cricket:
    Luna Rossa co-helmsman Jimmy Spithill's advocating extra-for-experts in training to win the Auld Mug 14:47

    Entertainment:
    Nadine Coyle’s ex-fiancé Jason Bell has been living in her house amid the COVID-19 pandemic so they can co-parent their seven-year-old Anaíya 14:31

    Entertainment:
    Gillian Anderson is pleased Prince Harry understands 'The Crown' is fiction 14:01


     News Search






    Power Search


    © 2021 New Zealand City Ltd