Skip to main content

Inflationary pressures rising

Australia’s flash PMI for March provides further evidence that the pace of price rises is increasing and we think that strong inflation will convince the RBA to hike interest rates in June. Meanwhile, the IMF warned that the recent weakness in New Zealand’s housing market could pose a risk to the economy in the years ahead. Indeed, we expect a protracted housing downturn will force the RBNZ to cut rates next year.

Become a member to read more

This is premium content that requires an active Capital Economics subscription to view.

Already a member?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access