Poor productivity almost prompts interest rate hike
Reserve Bank considered lifting interest rates to offset a decline in productivity which is making inflation worse
Stay updated with breaking news from Stephen Toplis. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Reserve Bank considered lifting interest rates to offset a decline in productivity which is making inflation worse
Analysis - The RBNZ is determined that inflation heads downwards - and stays there - and will be watching the Budget closely too, Gyles Beckford writes.
Analysis - The RBNZ is determined that inflation heads downwards - and stays there - and will be watching the Budget closely too, Gyles Beckford writes.
Business Scoop provides news and views on Business and Markets from New Zealand
While rising unemployment was expected and the topline figure of 4.3 per cent (from 4 per cent) was widely forecast, economists didn’t have to dig far below...