Satish Ranchod: Westpac senior economist says peaked inflation little consolation for households
A senior economist says even if inflation's peaked, that is little consolation for stretched households.
Stats NZ figures show inflation has hit 7.3 percent in a three-decade high.
Grant Robertson says economists think inflation may have reached its upper limit.
But Westpac senior economist Satish Ranchod told Newstalk ZB's Drive that doesn't mean financial pressures will ease.
He says a drop from rising seven percent still won't release pressure on household budgets.
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