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New Zealand CPI slowed to 5.6% yoy in Q3, dimming prospects of RBNZ hike

New Zealand CPI slowed to 5.6% yoy in Q3, dimming prospects of RBNZ hike
New Zealand’s CPI recorded a decline in its annual inflation rate, dropping from 6.0% yoy to 5.6% yoy in Q3. This figure not only fell short of the anticipated 5.9% yoy but was also well below RBNZ’s own forecast of 6.0% yoy for the quarter. Such a deceleration would curb the likelihood of another interest […] The post New Zealand CPI slowed to 5.6% yoy in Q3, dimming prospects of RBNZ hike appeared first on Action Forex... Read More
Posted: Oct 17 2023, 01:46
Author Name: actionforex
Views: 102268

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