Annual inflation falls to its lowest level in 1½ years
New Zealand continues to import deflation.
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Inflation in the March quarter fell to its lowest annual pace since September 2016, more or less matching expectations, and reinforcing the Reserve Bank’s message that interest rates are likely to remain low well into the middle of next year.
The annual rate fell to 1.1% at the end of March and
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Jenny Ruth
Thu, 19 Apr 2018
Thu, 19 Apr 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Annual inflation falls to its lowest level in 1½ years
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