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