Blogotariat

Oz Blog News Commentary

Reserve Bank could soon battle deflation

October 2, 2024 - 13:30 -- Admin

The Reserve Bank of New Zealand is already battling deflation in the housing market, where prices nationally have declined 16.7% from their 2021 peak. This decline has lowered real inflation-adjusted house prices to pre-pandemic levels: Recent data suggests that the Reserve Bank could soon contend with falling prices elsewhere in the economy. The latest data

The post Reserve Bank could soon battle deflation appeared first on MacroBusiness.