Back on inflation alert
Kia ora,
Welcome to Wednesday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.
I'm David Chaston and this is the international edition from Interest.co.nz.
And today we lead with news inflation is still not beat and the new tariff wars are messing with when that might happen.
First up today, there was another dairy auction, and this one came in weaker than the derivatives markets had anticipated. Prices slipped overall by -0.6% in USD terms and by -1.5% in NZD terms. It was a much lower SMP price that was the surprise undershoot, down -2.5% from…
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