ASB Economic Weekly - Feeling the pinch, again
Near-term inflation forecasts remain in the limelight, both in NZ and globally.
The recent run up in global fuel prices, combined with still-elevated refiner’s margins is putting significant upward pressure on domestic fuel prices.
In New Zealand, prices at the pump are up around 50 cents/litre in the past month.
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Mark Smith
Senior Economist
Mark joined ASB in 2017, with over 20 years of public and private sector experience working as an economist in New Zealand and the UK.
His resume includes lengthy stints at ANZ and the Reserve Bank of New Zealand, and he has also worked at the Bank of England, HM Treasury and the New Zealand Transport Agency. Mark's areas of specialisation include interest rate strategy, macro-economic analysis and urban economics.
Born and bred in the Waikato, Mark studied at Waikato University where he graduated with a Master of Social Sciences, majoring in Economics.
Mark's key strengths are the ability to use his extensive experience, inquisitive nature, analytical ability, creativity and pragmatism to dig a little deeper and to deliver common sense solutions to tackle complex problems.
When not at work Mark likes to travel, keep fit and spend time with his friends and family.
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Email: Mark