New Zealand's Bollard warns on inflation risks

A number of international price shocks are posing a threat to price stability in New Zealand, said Alan Bollard, the governor of the central bank.

Bollard told businessmen in Christchurch: "Inflation pressures in New Zealand have been significantly boosted by the shock to personal consumption from the housing boom and the rundown in household savings. Soaring global dairy prices have added to these pressures by boosting farm incomes. Higher prices for oil and other imported raw materials have

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: