News | Business
20 May 2022 13:55
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • 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 could be about to reach its highest point in three decades -- and keep climbing for months to come

    Inflation could be about to reach its highest point in three decades -- and keep climbing for months to come


    The latest Consumer Price Index data is due out at 11 this morning.

    Most economists are predicting an annual inflation rate of about six-percent for the 2020 calendar year.

    ANZ Chief Economist Sharon Zollner says there's not much we can do to avoid the effects of high inflation, and there's not much we can do to prevent it.

    She says the price of almost everything is increasing, the price rises are global, and probably haven't reached their peak.

    © 2022 Newstalk ZB, NZCity

     Other Business News
     20 May: Praise for the Budget Boost for Whangarei Hospital
     20 May: The impacts of Omicron are reflected in Auckland Council's third quarter results
     20 May: Time will tell how many people will actually benefit from changes to help first home buyers
     20 May: Questions about the end game for inflation over the next few years
     19 May: The Finance Minister's leaving the door open for extending a new cost of living payment
     19 May: The Finance Minister says his Budget strikes a balance... during tough times for many Kiwis
     19 May: Not the best news for the Northern Mystics leading into the business end of the ANZ netball Premiership
     Top Stories

    RUGBY RUGBY
    Eight throwers feature in the 18-strong New Zealand athletics team named for the Birmingham Commonwealth Games More...


    BUSINESS BUSINESS
    Praise for the Budget Boost for Whangarei Hospital More...



     Today's News

    Entertainment:
    Ric Flair has announced plans to wrestle one last match this summer 13:41

    Environment:
    It's a day of strong winds in the North Island and heavy snow in the South 13:30

    Entertainment:
    John Legend was "tested" by the loss of his son 13:11

    Rugby:
    Eight throwers feature in the 18-strong New Zealand athletics team named for the Birmingham Commonwealth Games 13:10

    Sailing:
    A ground breaking regatta for New Zealand's male kayakers this weekend in the Czech Republic 13:10

    Living & Travel:
    Volunteers transform Ukraine's Odesa catacombs into liveable bomb shelter to protect civilians from Russian attacks 13:00

    Law and Order:
    Former Milingimbi principal at the centre of a damning report claims corruption watchdog had 'ulterior motives' 13:00

    Entertainment:
    Allen Leech's wife is expecting another baby girl 12:41

    Law and Order:
    A student has died at a South Auckland school this morning following a medical incident 12:30

    Entertainment:
    Harry Styles "didn't really feel anything" for "a really long time" 12:11


     News Search






    Power Search


    © 2022 New Zealand City Ltd