... Mostly locals would use this chippy .. but I've found it quite common now to cost me around $30 for many takeaways .... good reason to cook your own lunch
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US inflation beaten
Read that this is the 3rd most intense inflation decline from a peak in the past 7 decades. In just 11 months, the inflation rate plunged -510 basis points to 4% on the nose (+3.2% on a 6months. basis and +2.2% over the past 3 months
Could see a "Plunge" in interest rates in NZ & "BOUNCE" in shares? :)
NZ Current Account deficit March $33billion still pretty bad
Big profits not to blame for inflation, report suggests
Sense Partners economist Shamubeel Eaqub said there was no evidence of widespread increases in profit margins driving up inflation in New Zealand
https://www.stuff.co.nz/business/132...eport-suggests
oh well so its the greedy workers fault
[QUOTE=winner69;1007823]NZ Current Account deficit March $33billion still pretty bad[/QUOTE
It looked like insurance inflows improved the figures. Isnt that a little artificial?
yep i see the IMF just issued a warning about NZ and the govt spending being excessive
Watch live: Inflation will remain high for some time and interest rate increases can't be ruled out, IMF warns
https://www.stuff.co.nz/business/300...-out-imf-warns
Food inflation continues
Statistics NZ said grocery food prices increased by 12.7% in May compared to the same month in 2022, while fruit and vegetable prices increased by 18.4% for the same period.
https://www.interest.co.nz/personal-...pidly-stats-nz
ORR must be very confident in his no more rate increases ... oRR is he pulling our leg ?
Fed holds off on rate hike, but says two more are coming later this year
https://www.cnbc.com/2023/06/14/fed-...june-2023.html
dovish pause with hawkish commentary , anyway the market was not to phased..... hail the AI may the multi baggers continue to roll in
New Zealand's first-quarter GDP shrinks 0.1 percent, confirming country is in recession
https://www.newshub.co.nz/home/money...recession.html
guess combined with NZ high inflation means NZ has STAGFLATION ( without the high unemployment yet ? )