Newsroom Pro

NZ 1st-qtr inflation comes in below expectations

The consumers price index eked out a smaller gain than expected in the March quarter and may up the ante for an interest rate cut next month.

The CPI rose 0.1 percent in the March quarter bringing the annual rate of inflation to 1.5 percent, down from a 1.9 percent pace in December, Stats NZ said.

TO READ THE FULL STORY ON NEWSROOM PRO

SUBSCRIBE TO PRO

Subscribe now to start a free trial of Newsroom Pro for 28 days.

View our subscription options

Comments

Newsroom does not allow comments directly on this website. We invite all readers who wish to discuss a story or leave a comment to visit us on Twitter or Facebook. We also welcome your news tips and feedback via email: contact@newsroom.co.nz. Thank you.

PARTNERS