Investors increased bets on another RBNZ rate increase this year, though a 25-point move is not fully priced, swaps data showed. Non-tradables inflation, a closely watched indicator of domestic price pressures, eased to 6.6% from 6.8%....
The RBNZ projected 6.3%.“ Prices are still increasing at rates not seen since the 1990s, but are rising at a lower rate than the last few quarters, ” the statistics agency said. Eight of the 11 main groups in the consumers price index basket increased in the q
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2023-07-22 00:00:00.0