Economic weather report: Inflation expectations rising again

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Uploaded by on Nov 24, 2009

Bernard Hickey delivers an economic weather report showing inflation expectations are rising. Data from surveys commissioned by the Reserve Bank of New Zealand show 44% of households now expected higher inflation, up from 39% three months ago and 20% at the beginning of the year. They also show businesses now expect inflation in two years of 2.61%, up from expectations the previous quarter for 2.25% inflation.
www.interest.co.nz/images/InflationExpectations2.gif

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