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Mark Smith: ASB senior economist on latest inflation figures

Mark Smith: ASB senior economist on latest inflation figures

Heather du Plessis-Allan Drive · Newstalk ZB

October 11, 20243m 51s

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Show Notes

Inflation appears to be easing, although some figures are continuing to surge.

Latest Stats NZ figures show petrol is 14.9 percent cheaper than a year ago, while food prices rose 1.2 percent.

Fruit and vegetables are 8.3 percent cheaper, while olive oil is 58 percent pricier.

Butter, chocolate biscuits and alcohol have also been getting darer.

ASB senior economist Mark Smith joined Francesca Rudkin.

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Topics

InflationMark SmithBusiness