Inflation Eases to 3.7% but Reserve Bank Hike Still Expected on Wednesday

Official data from Statistics New Zealand reveals annual consumer price inflation slowed to 3.7 percent in the September quarter, yet broad underlying price pressures keep financial markets anticipating an official cash rate hike. Also covered: Sunday's strict voter registration cut-off with lagging youth numbers, the resignation of Labour candidate Kerrin Leoni, and the High Court overturning the ministerial ban on puberty blockers for minors.

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Show notes

Annual consumer price inflation fell to three point seven percent, yet remains above the official target band.

Financial markets see an eighty-one percent chance the Reserve Bank will lift the official cash rate.

Youth voter registration dropped sharply after law changes ended on-the-day enrolment.

Labour candidate Kerrin Leoni resigned after speaking at a Mongrel Mob function.

The High Court struck down the ministerial ban preventing minors from accessing puberty blockers.

In this episode
  1. 01Intro1 min
  2. 02Inflation eases to 3.7% but Reserve Bank hike still expected on Wednesday: Price Data and Key Drivers3 min
  3. 03Inflation eases to 3.7% but Reserve Bank hike still expected on Wednesday: Market Outlook and Cash Rate Stakes3 min
  4. 04Enrolment closes Sunday midnight with youth sign-ups well below 20231 min
  5. 05Labour candidate Kerrin Leoni quits over Mongrel Mob event footage1 min
  6. 06Where things stand1 min
  7. 07High Court strikes down government ban on puberty blockers for minors2 min
  8. 08Outro1 min
Sources
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Inflation Eases to 3.7% but Reserve Bank Hike Still Expected on Wednesday — Fylom