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Kiwi leaps to pre-US election levels after higher than expected CPI data

The leap in the kiwi dollar relative to the Aussie “certainly puts the parity party back into play,” one analyst says. 

Jason Walls
Thu, 26 Jan 2017

The New Zealand dollar jumped sharply against the Aussie and US dollars following this morning’s higher-than expected inflation figures.

Consumer price index (CPI) inflation hit 1.3% for the year to December, rising 0.4% in the December quarter – ahead of most economists’ expectations.

The

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Jason Walls
Thu, 26 Jan 2017
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Kiwi leaps to pre-US election levels after higher than expected CPI data
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