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Paul Bloxham: HSBC Chief Economist on inflation rate announcement

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Sinopsis

Our inflation is at 7.2 percent, with ASB now saying the OCR should peak at 5.25 percent. Stats NZ say it's due to massive price increases for construction, rentals and diesel. HSBC's Chief Economist, Paul Bloxham put this information into context for us. LISTEN ABOVE  See omnystudio.com/listener for privacy information.