New Zealand CPI rose 2.2% qoq in Q3, well above expectation of 1.6% qoq. Annual inflation slowed from 7.3% yoy to 7.2% yoy, but beat expectation of 6.6% yoy. The quarterly rise in prices was mainly influenced by the food group and the housing and household utilities group. Vegetable prices rose 24% during the quarter, […]
The post New Zealand CPI up 2.2% qoq in Q3, annual rate at 7.7% yoy appeared first on Action Forex.
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