New Zealand’s CPI held steady at 3.1% yoy in Q1, above expectations of 2.9% and marking the highest level since Q2 2024, keeping it above the RBNZ’s 1–3% target band for a second straight quarter. On a quarterly basis, CPI rose 0.9% qoq, slightly above forecasts, suggesting underlying pressures remain persistent despite expectations for easing […]The post NZ Inflation Holds at 3.1% as Non-Tradables Stay Firm, Energy Pressures Build appeared first on ActionForex.