Podcasts Other The Mike Hosking Breakfast Gareth Kiernan: Infometrics Chief Forecaster on easing inflationary pressues

Gareth Kiernan: Infometrics Chief Forecaster on easing inflationary pressues

Published: Oct. 19, 2023, 8:41 p.m.

Infometrics has revised its expectations for economic growth next year upwards. \xa0

It now predicts year-end growth at 0.9%. \xa0

Inflation data out this week also shows inflationary pressures were easing more than had been expected. \xa0

Chief forecaster Gareth Kiernan told Mike Hosking that they\u2019re looking at a soft landing.\xa0

He said that growth is holding up and inflation is slowing in line with what the Reserve Bank would be hoping for, so there would be little need to increase interest rates further.\xa0

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