It was announced this week that the US annual inflation number fell more than 3.2% – the first decline in four months. Investment Analyst Jeremy Hutton talks with Heather du Plessis-Allan about the market’s vigorous reaction. He also discusses new data which shows market confidence in New Zealand has returned – with airfares, petrol and food inflation all lower in October. Finally, he covers The Warehouse’s update, reporting first quarter sales down nearly 7% on the previous year.
Milford on Newstalk ZB: 15 November 2023
Disclaimer: Milford is an active manager with views and portfolio positions subject to change. This blog is intended to provide general information only. It does not take into account your investment needs or personal circumstances. It is not intended to be viewed as investment or financial advice. Should you require financial advice you should always speak to a Financial Adviser. Past performance is not a guarantee of future performance.