Latest Figures Confirm Inflation Back Under Control

Latest Figures Confirm Inflation Back Under Control

“This is the third consecutive quarter that inflation has remained within the bank’s target range and confirms the era of high inflation is over,” Finance Minister Nicola Willis says.

Latest figures confirm inflation back under control

The latest inflation figures confirm inflation is back under control, Finance Minister Nicola Willis says.  Stats NZ reported today that inflation increased slightly to 2.5 per cent in the year to March but remained within the Reserve Bank’s target range of 1 to 3 per cent. “This is the third consecutive quarter that inflation has remained within the bank’s target range and confirms the era of high inflation is over,” Nicola Willis says. “The st…