The Kākā by Bernard Hickey
The Kākā by Bernard Hickey
Dawn Chorus: Reaching the inflation peak
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Dawn Chorus: Reaching the inflation peak

March quarter inflation expected to rise over 7%, but the peak is here or near; Shanghai loosens lockdown; Netflix shares crater 36% after first subs loss in 10 yrs; Biden sends bigger guns to Ukraine
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TLDR: Inflation figures due out later this morning are expected to show annual inflation rose to just over 7% in the March quarter from 5.9% at the end of last year as food, fuel, rent, rates and other costs feeds through from both demand and supply stimuli over the last couple of years from here and overseas.

The big question now is whether this is the…

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