What stubborn inflation could mean for your mortgage this year

The Reserve Bank has revealed that the annual inflation rate for 2025 was 3.1%.

It puts the inflation rate outside the bank’s target band of 1 to 3%.

While it’s slowed sinificantly since the most recent peak of 7.3% in the June 2022 quarter, it has risen every quarter since December 2024.

And while economist expect it to sit around 3 or 3.1% -- the Reserve Bank’s November prediction had it at 2.7%.

But, what does it all mean? And are dreams of a quick fix in 2026 in the rear view mirror? 

Today on The Front Page, NZ Herald Business editor at large, Liam Dann is with us to break it down.

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