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Falling fuel prices could drive inflation, not ease it, economist warns

Falling oil and fuel prices may not deliver the inflation relief many households and businesses are hoping for, with Bank of New Zealand (BNZ) warning they could instead add to medium-term inflation pressures, keeping upward pressure on interest rates.

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rnz.co.nzStai leggendo1 mese fa

Falling fuel prices could drive inflation, not ease it, economist warns

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iol.co.za1 mese fa

Lower oil prices may ease inflation pressure, but households should not expect immediate relief

Falling global oil prices and a stronger rand are improving the inflation outlook, although debt experts warn consumers may wait months before seeing meaningful financial relief.

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Falling fuel prices could drive inflation, not ease it, economist warns

Lower oil prices may ease inflation pressure, but households should not expect immediate relief

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Lower oil prices may ease inflation pressure, but households should not expect immediate relief

Falling fuel prices could drive inflation, not ease it, economist warns