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New Zealand's Inflation Rebounds From 15-Year Low, But Stays Below RBNZ's Target Range

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 18, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    New Zealand inflation rose in the first quarter, recovering from the lowest level in 15 years, but remained below the range the Reserve Bank of New Zealand targets, providing the central bank with room for further interest rate cuts. New Zealand's CPI climbed 0.2% in the January-March period, Statistics New[​IMG]

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