Video will play in Play now Don't auto playNever auto playThe economy has largely escaped any short-term fallout from last week's earthquakes but it is likely to put considerable extra pressure on the nation's already stretched construction sector, says ASB chief economist Nick Tuffley. "So we can expect construction costs to be growing faster," Tuffley told the the Economy Hub. "So there is a likelihood of a little bit more consumer price inflation, especially in the South Island." The was now an opportunity now for the Government to rethink the transport network, said Rickey Ward, JBWere head of NZ equities. Meanwhile, the New Zealand stockmarket had held up well with limited impact for a few specific companies, Ward said.

Source: New Zealand Herald November 24, 2016 17:19 UTC