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New Zealand CPI slows in to 6.7% Q1, RBNZ may conclude rate hike cycle soon

In Q1, New Zealand CPI growth slowed down from prior quarter’s 7.2% yoy, registering a 6.7% yoy increase, falling short of the expected 7.0% yoy. The largest contributor to the annual inflation rate was the food sector, followed by housing and household utilities. On a quarterly basis, CPI rose by 1.2% qoq in Q1, below […] The post New Zealand CPI slows in to 6.7% Q1, RBNZ may conclude rate hike cycle soon appeared first on Action Forex... Read More

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Posted: Apr 20 2023, 04:39

Author Name: actionforex

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