Inflation nudges higher amid global tariff uncertainty
Stats NZ data shows annual inflation rose to 2.5%, above 2.2% at the end of last year.
Economists are pondering the trade tariff impacts on inflation.
New Zealand’s annual inflation rate has risen to 2.5%, driven by higher rents, rates, and construction costs, according to fresh Statistics NZ data.
The annual increase was broadly in line with revised forecasts and a smidge above the RBNZ’s February Monetary Policy Statement. Inflation was
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