The largest contributor to the annual inflation rate was rent, up 4.2%, according to Stats NZ figures released today. Almost a fifth of the 2.2% annual...

NZ Herald

Auckland

New Zealand

Rising rents keep inflation stuck at 2.2%

Media Bias/Fact Check

New Zealand Media and Entertainment

(Bloomberg) — New Zealand’s annual inflation was unexpectedly steady in the final three months of last year, remaining above the midpoint of the central bank’s target band.

Financial Post

Leon Cooperman

Allianz

Canada

New Zealand Inflation Unexpectedly Held at 2.2% Last Quarter

NEW Zealand’s annual inflation was unexpectedly steady in the final three months of last year, remaining above the midpoint of the central bank’s target band even as domestic price pressures eased.

Business Times

New Zealand inflation unexpectedly held at 2.2% last quarter

Stats NZ reported today that inflation was 2.2 per cent in the year to December, the second consecutive quarter that the annual rate has been within the Reserve Bank’s target band of 1-3 per cent.

scoop.co.nz

Wellington

Drop In Domestic Inflation Hailed

Data released by Statistics New Zealand today showed that inflation remains unchanged at 2.2%, defying expectations of further declines, said NZCTU Te Kauae Kaimahi Economist Craig Renney. “While inflation holding steady might sound like good news, the reality is that prices for the basics—like rent, energy, and insurance—are still rising. The removal of the Auckland Regional Fuel Tax helped ease petrol prices, but without that reduction, inflat…

Rising rents keep inflation stuck at 2.2%

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics