Deflation hits New Zealand
The Reserve Bank will now come under even greater pressure to delay interest rates rises further.
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Hawke’s Bay
Price inflation dipped into the negative territory in the final months of 2014.
The Reserve Bank will now come under even greater pressure to delay interest rates rises further - or even cut the OCR - after price inflation fell 0.2% in the December quarter.
Petrol prices fell 5.7% for the quarter
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Rob Hosking
Wed, 21 Jan 2015
Wed, 21 Jan 2015
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Deflation hits New Zealand
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