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  The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts. See omnystudio.com/listener for privacy information.

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