CPI surprises on upside

Jul 15, 2021 | Economy

16.7.21 Consumer price inflation was much stronger than bank economists or the RBNZ expected in the June quarter. Prices rose by 1.3% over the quarter, taking the annual inflation rate to a ten year high of 3.3%. “With strength in prices related to both supply pressures and firm demand, this supports our expectation for an […]

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CPI surprises on upside

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