Consumer prices in New Zealand jumped 1.4 percent on year in the fourth quarter of 2020, Statistics New Zealand said on Friday - unchanged from the previous three months and exceeding expectations for an increase of 1.0 percent.
Individually, housing and household utilities increased 2.6 percent on year, with rentals for housing up 2.9 percent. Food prices increased 2.5 percent, with fruit and vegetables up 8.6 percent.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.