Gareth Kiernan: Infometrics Chief Forecaster warns of risk to rise in inflation

Best of Business · Oct 16, 2025 · 2m · transcript

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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