NZ Consumers Price Index
NZ Consumers Price Index Consumer prices rose 1.2% in the March quarter and are up 6.7% over the past year. The March result was below our forecast, and much lower than the RBNZ’s expectation. New Zealand consumer prices rose 1.2% in the March quarter, with prices up 6.7% over the past 12 months. Today’s result was lower than forex market expectations, and well below the RBNZ’s forecast for a 1.8% rise. Annual inflation remains painfully […]