Asian Economic News

New Zealand Inflation +0.7% On Year In Q2

Consumer prices in New Zealand were up 0.7 percent on year in the second quarter of 2013, Statistics New Zealand said on Tuesday.

That missed forecasts for an increase of 0.8 percent and eased from the 0.9 percent gain in the previous quarter.

On a quarterly basis, consumer prices were up 0.2 percent versus forecasts for 0.3 percent after showing 0.4 percent in the first quarter.

by RTTNews Staff Writer

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