US tariffs are expected to impact our next inflation figures
US tariffs are expected to impact our next inflation figures
17 April 2025
The rate increased in the three months to March to 2.5 percent -- up from 2.2 percent to December.
Petrol, milk, cheese, eggs have all gone up - alongside a dip in prices for international flights and games.
Infometrics Chief Forecaster Gareth Kiernan says the new tariffs could push inflation down, because of weaker demand.
He says it's mixed, as there will be some cost pressures - but the sentiment's heading towards less inflation.
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