Domestic-driven inflation remains tough nut to crack
Annual inflation fell to 4% in the 12 months ended March, as widely expected, Stats NZ data shows.
Jonathan Mitchell
Wed, 17 Apr 2024
New Zealand's annual inflation rate has fallen to 4%, as widely expected, but domestic-driven inflation remains a stubborn nut to crack.
The Stats NZ data showed price increases were the lowest since June 2021.
The drop to 4% in the 12 months to the March quarter compared with the 4.7% inflation rate
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Jonathan Mitchell
Wed, 17 Apr 2024
Contact the Writer: jmitchell@nbr.co.nz
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