RBNZ now sees smaller overall falls in house prices
The Reserve Bank is now indicating it thinks the falls in house prices will slow during this year and will be about finished by the start of next year
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The Reserve Bank is now indicating it thinks the falls in house prices will slow during this year and will be about finished by the start of next year
Food prices were up 12.5% in the year to April 2023 - which is the highest annual rate of increase seen since 1987; National's Willis says household budgets have 'nowhere to hide'
The country's banks are telling the Reserve Bank that borrower sentiment 'will likely tend towards more caution' due to the fast-changing housing market conditions
Food prices were up 12.1% in the year to March 2023 - which is the highest annual rate of increase seen since 1989; Kiwis 'crushed at the checkout', National's Willis says
The International Monetary Fund (IMF) released the latest World Economic Outlook report this week where they predicted that global inflation is set to drop this