Podcasts Other The Mike Hosking Breakfast John Carran: Jarden Economist on what to expect from today's Consumer Price Index data announcement

John Carran: Jarden Economist on what to expect from today's Consumer Price Index data announcement

Published: Jan. 23, 2024, 9:27 p.m.

All signs are pointing to a much-needed easing in inflation.\xa0

Consumer Price Index data for the December quarter will be released later today.\xa0

The Reserve Bank has forecast annual inflation to come in at 5%, while ASB thinks 4.7%, and KiwiBank 4.6%.\xa0

Jarden Economist John Carran told Tim Dower that they\u2019ve seen clear signs that components of the CPI are coming down, with things like food, petrol, and some goods prices.\xa0

He said that they\u2019re also seeing some easing in the economy, and all these factors point to the inflation rate starting to ease.\xa0

LISTEN ABOVE\xa0

See omnystudio.com/listener for privacy information.