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'It's a mixed situation': Expert speculates what Trump's tariffs could mean for inflation going forward

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Newstalk ob体育接口,
Publish Date
Thu, 17 Apr 2025, 6:00pm
Photo / Getty
Photo / Getty

'It's a mixed situation': Expert speculates what Trump's tariffs could mean for inflation going forward

Author
Newstalk ob体育接口,
Publish Date
Thu, 17 Apr 2025, 6:00pm

US tariffs are expected to impact our next inflation figures, according to new reports.

The rate increased in the three months to March to 2.5 percent - up from 2.2 percent to December.

Petrol, milk, cheese, eggs have all gone up, alongside a dip in prices for international flights and games.

Infometrics Chief Forecaster Gareth Kiernan says the new tariffs could push inflation down because of weaker demand.

"And we know there will be some cost pressures that do rise because of the changing trade situation. So it's mixed, but the sentiment is pushing towards maybe a little less inflation."

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