Inflation in New Zealand was up 0.1 percent on quarter in the first quarter of 2019, Statistics New Zealand said on Wednesday.
That was unchanged from the previous three months, although it was shy of expectations for a gain of 0.3 percent.
Alcoholic beverages and tobacco rose 4.7 percent, influenced by higher prices for cigarettes and tobacco (up 9.0 percent).
Food prices rose 1.2 percent, influenced by higher prices for fruit (up 8.9 percent).
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.