It's hard to think of a government statistic that has a more direct impact on the lives of everyday New Zealanders than the consumers price index (CPI).
With official inflation at 7.3%, consumers, wage and salary earners, superannuitants, businesses and homebuyers need to know the direction of inflation and interest rates so they can manage their expenditure and plan ahead.
And, of course, it's one of the key influences on the Reserve Bank of New Zealand's monetary policy decisions.
As RBNZ governor Adrian Orr put it recently, "inflation is no one's friend and causes economic cost". To fight inflation, the bank has hiked its official cash rate, which sets market interest rates, from 0.25% to 3.0% in just 10 months.
Most economists believe price rises have peaked. But they also predict the RBNZ will continue to hike rates into next year, to get inflation back into its 1-3% target band.
この記事は New Zealand Listener の September 17 - 23, 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
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この記事は New Zealand Listener の September 17 - 23, 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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