Global Economic News

New Zealand Inflation Holds Steady At 0.4% In Q2

Consumer prices in New Zealand were up 0.4 percent on year in the second quarter of 2016, Statistics New Zealand said on Monday.

That was beneath forecasts for 0.5 percent, although it was unchanged from the previous three months.

On a quarterly basis, inflation was also up 0/.4 percent versus expectations for 0.5 percent and up from 0.2 percent in the three months prior.

by RTTNews Staff Writer

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