Jenée TibshraenyWellington Business Editor·NZ Herald·20 May, 2026 05:15 AM3 mins to read‌The Reserve Bank's Household Expectations Survey shows people are increasingly downbeat on the economy. Photo / Mark MitchellNew Zealand households expect the inflation rate to breach the Reserve Bank’s target over the next couple of years, according to the bank’s quarterly Household Expectations Survey.The median annual inflation rate for the year ahead, picked by 1004 households surveyed between April 21 and May 1, was 5%.

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