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Gareth Kiernan: Infometrics Chief Forecaster warns of risk to rise in inflation
Published 4 months, 3 weeks ago
Description
There are fears that inflation could come back into the picture as the OCR falls.
Infometrics expects the OCR to fall to 2.25% next month - it's 2.5% at the moment.
Infometrics Chief Forecaster Gareth Kiernan says they expect to see growth hit 2.3% annual growth in 2027.
He says alongside stoking inflation, it could create other problems.
Kiernan says it risks stretching capacity in the construction and infrastructure sector.
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