New Zealand Inflation Hits Top of RBNZ’s 1%-3% Target Band

New Zealand Inflation Hits Top of RBNZ’s 1%-3% Target Band

New Zealand Inflation Hits Top of RBNZ’s 1%-3% Target Band

New Zealand inflation accelerated in the third quarter, pushing to the top of the Reserve Bank’s 1%-3% target band even as underlying price pressures recede and policy makers indicate further easing to come.

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(Bloomberg) — New Zealand inflation accelerated in the third quarter, pushing to the top of the Reserve Bank’s 1%-3% target band even as underlying price pressures recede and policy makers indicate further easing to come.

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