News | Business
2 Mar 2021 9:08
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • News
  • Sport
  • Weather
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Inflation rates show the economy is recovering well, maybe too well in some sectors

    Inflation rates show the economy is recovering well, maybe too well in some sectors

    22 January 2021
    Figures from Stats NZ put the annual inflation rate at a 1.4 percent, but points out that prices for used cars, furniture and electronics are being driven up because of supply constraints.

    Kiwibank chief economist Jarrod Kerr says they want the Official Cash Rate kept at 0.25 percent until well into 2022 to stabilise one market in particular.

    He says the rise in house prices is concerning and we need to think about how to rein it in, rather than stimulate.

    © 2021 Newstalk ZB, NZCity


     Other Business News
     02 Mar: Kiwi startup Rocketlab is shooting for the Moon, and Venus and Mars
     01 Mar: Rocket Lab is on the verge of listing on the US technology based NASDAQ index, in a deal that values the New Zealand-US startup at 5.7 billion dollars
     01 Mar: Netball New Zealand are bracing for a major financial hit due to the latest alert level changes
     01 Mar: An Auckland pizzeria owner isn't sure his business will survive another lockdown
     01 Mar: ASB says it's looking to support savers wanting to get ahead
     01 Mar: New research is suggesting the recent property boom has hit Wellington first-home buyers the hardest
     28 Feb: Brits may be famed tea drinkers, but coronavirus is driving Londoners to Australian-style coffee
     Top Stories

    RUGBY RUGBY
    The Chiefs would welcome the Blues setting up base in the Waikato More...


    BUSINESS BUSINESS
    Kiwi startup Rocketlab is shooting for the Moon, and Venus and Mars More...



     Today's News

    Entertainment:
    Brooke Shields says “every day feels like [she] has to begin again” as she re-learns how to walk following her leg injury 9:01

    Health & Safety:
    Midwives are relieved to be among those next in line for the Covid jab later later this month 8:57

    Entertainment:
    Sienna Miller can “really relate” to Britney Spears 8:31

    Health & Safety:
    Nurses waiting for the Covid-19 vaccine are breathing a sigh of relief 8:17

    Tennis:
    Novak Djokovic has equalled Roger Federer's all-time record for most weeks as the world number one in men's tennis, holding the top spot for the 310th week 8:07

    Politics:
    Ashley Bloomfield says Auckland's lockdown is justified -- even if there are no more community cases of Covid-19 8:07

    Entertainment:
    Lady Gaga’s dog walker is in a stable condition after being shot four times in the chest by thieves this week 8:01

    Rugby:
    The Chiefs would welcome the Blues setting up base in the Waikato 7:57

    Health & Safety:
    Prince Philip, the Duke of Edinburgh, transferred to another London hospital to continue treatment 7:37

    Living & Travel:
    Confirmation travelling Aucklanders are being checked 7:37


     News Search






    Power Search


    © 2021 New Zealand City Ltd