![<i> Brian Fallow: </i> Inflation broader and stronger than expected](/pf/resources/images/placeholders/placeholder_l.png?d=794)
<i> Brian Fallow: </i> Inflation broader and stronger than expected
Today's CPI figures show a broader and stronger inflation that you would expect in an economy enfeebled by a prolonged recession.
Today's CPI figures show a broader and stronger inflation that you would expect in an economy enfeebled by a prolonged recession.
The number of houses sold in September rose 10 per cent, while prices increased 0.9 per cent.
The Reserve Bank has withdrawn several temporary crisis measures put in place last year to help ensure day-to-day liquidity.
A US80c New Zealand dollar is looking increasingly likely as the greenback's weakness shows no sign of reversing.
New Zealand escaped major damage during the recent global financial crisis, says the Reserve Bank in its Annual Report.