New Zealand’s consumer prices rose 1.5% qoq in the second quarter, lifting annual inflation to 4.1% from 3.1%, in line with market expectations. The acceleration was driven overwhelmingly by energy-related costs, with petrol prices surging 20.1% over the quarter and contributing nearly half of the quarterly increase in the Consumer Price Index. Prices for other […]The post New Zealand CPI Hits 4.1% as Fuel Costs Reinforce RBNZ Challenge appeared first on ActionForex.