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Liam Dann: NZ Herald business editor at large on inflation expectations going up in new data
Published 1 year, 1 month ago
Description
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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