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What was Treasury's worst-case scenario for New Zealand inflation as of 26 February 2026, and did that scenario include an oil supply disruption component?

Answered Question 13952 (2026)
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Asked by

Megan Woods

Member for Wigram · Labour Party

Question

  • What was Treasury's worst-case scenario for New Zealand inflation as of 26 February 2026, and did that scenario include an oil supply disruption component?

Answered by

Hon Nicola Willis

List MP · National Party · Minister of Finance

Answer

The Treasury's inflation forecasts and advice surrounding them are Budget sensitive and will be released on Budget day.