New Reserve Bank research shows Kiwi firms have become more likely to increase prices during periods of high inflation and are less likely to cut them when costs fall.

Reserve Bank of New Zealand raises OCR to 2.5% as Chief Economist Paul Conway warns inflation may peak at 4.3%, with more rate hikes possible in 2026.

New Reserve Bank research shows Kiwi firms have become more likely to increase prices during periods of high inflation and are less likely to cut them when costs fall.