New Zealand’s Inflation Came in Much Hotter than Expected [Hoped]

NZ consumer prices for September 2022 quarter: CPI rose to 2.2% q/q (up from 1.7% and clearly above the 1.6% forecast) Annual CPI rose 7.3%, slightly below the 7.3% ‘peak’ and above the 6.6% forecast Housing and household utilities increased 8.7% y/y Transport increased 12 percent y/y Food increased 8.0 percent y/y Trimmed mean CPI: […]

The post New Zealand’s Inflation Came in Much Hotter than Expected [Hoped] appeared first on Action Forex.