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New Zealand Consumer Prices Rise 0.8% On Quarter In Q1

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Consumer prices in New Zealand climbed a seasonally adjusted 0.8 percent on quarter in the first quarter of 2021, Statistics New Zealand said on Wednesday.

That exceeded expectations for an increase of 0.7 percent following the 0.5 percent gain in the fourth quarter of 2020.

Transport rose 3.9 percent, influenced by higher prices for private transport supplies and services (up 4.9 percent) and purchase of vehicles (up 2.6 percent).

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