Liam Dann: New Zealand Herald Business Editor-at-large discusses annual inflation peak

Annual inflation has risen to a 15-month high of 3%.  Economists had been expecting inflation to reach or surpass the 3% upper limit of the Reserve Bank's target band.  The central bank's expected to look past this current spike when it reviews the OCR next month.  New Zealand Herald Business Editor-at-large Liam Dann told Kerre Woodham that, “this this drip feeding of the rate cuts means that everybody just waits.”   LISTEN ABOVE See omnystudio.com/listener for privacy information.