INFLATION EXPECTED TO AVERAGE AT 3.7 PERCENT OVER NEXT YEAR

© RNZ / Samuel Rillstone A Reserve Bank survey has shown inflation expectations hitting the highest in more than a decade adding further weight to the case for interest rates to rise again next week.A quarterly survey done for the central bank showed respondents expected annual inflation to average 3.7 percent over the coming year, the highest forecast in 11 years, and well up o...

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