NZ Q2 CPI Preview: Up, Up and Away

 11.07.2008 17:15   actionforex.com

Inflation in NZ is high and rising. Firms' pricing intentions and widespread cost increases reported in the NZIER's Quarterly Survey of Business Opinion released earlier this week point to even higher inflation ahead. Annual inflation lifting to 4.0% is uncomfortable for the RBNZ given its potential to pollute inflation expectations,...

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