25.01.2017 23:02:04
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New Zealand CPI Gains 0.4% On Quarter In Q4
(RTTNews) - Consumer prices in New Zealand were up 0.4 percent on quarter in the fourth quarter of 2016, Statistics New Zealand said on Thursday.
That exceeded forecasts for 0.3 percent, which would have been unchanged from the third quarter.
On a yearly basis, inflation climbed 1.3 percent - also topping expectations for 1.2 percent and up sharply from 0.4 percent in the three months prior.