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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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.