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Liam Dann: NZ Herald business editor at large on inflation expectations going up in new data
Consumer confidence has gone back up - but new data indicates people are also worried about inflation.
The latest ANZ-Roy Morgan survey shows consumer confidence rose 5 points to 98.3 in April - but inflation expectations soared 0.5pts to 4.7 percent, the highest reading since July 2023.
NZ Herald business editor at large Liam Dann unpacked the factors contributing to this data.
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The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.
See omnystudio.com/listener for privacy information.
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By iHeartRadio NZConsumer confidence has gone back up - but new data indicates people are also worried about inflation.
The latest ANZ-Roy Morgan survey shows consumer confidence rose 5 points to 98.3 in April - but inflation expectations soared 0.5pts to 4.7 percent, the highest reading since July 2023.
NZ Herald business editor at large Liam Dann unpacked the factors contributing to this data.
LISTEN ABOVE
The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.
See omnystudio.com/listener for privacy information.