Inflation is deflating,” Lisa Owen told RNZ’s Checkpoint listeners the day the latest quarterly data showing inflation below 5 per cent for the first time in ages. But does that explain why more recent good economic news doesn’t seem to make as many headlines as the bad stuff does? “In the US they get inflation data monthly; we only get ours quarterly. “Whether it's business, economic, or political or otherwise, news coverage is determined by the relevance to an audience. “In the case of inflation, that 4.7 percent rate that we had last week, that is still inflation and prices going up.

Source: New Zealand Herald February 03, 2024 23:41 UTC