Sep 30, 2021 • 16M

Dawn Chorus: Stagflation fear growing

Supply chain disruptions and gas shortages extend global inflation surge as Chinese factories slow unexpectedly; Stagflation fears rising; Long Covid tail complicating RBNZ rate hike decision

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Bernard Hickey
Bernard Hickey and friends explore the political economy together.
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TLDR & TLDL: PM Jacinda Ardern has indicated an extension of Auckland’s boundary controls for at least another week, which will force the cancellation of many school holiday travel plans scheduled to start next Friday. It’s another blow for regional tourism firms in desperate need of revenues from Aucklanders, and is likely to extend the economic hit fr…

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