Fuel prices front and centre of CPI number
The last time there were two consecutivue quarters of deflation was at the tail end of the Asian Crisis.
New Zealand could be set for two consecutive quarters of deflation for the first time in more than a decade.
Tomorrow’s consumer prices index (CPI) figues could well reveal a fall in price inflation, says Bank of New Zealand senior economist Craig Ebert.
He says BNZ’s calculations
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Jason Walls
Tue, 20 Jan 2015
Tue, 20 Jan 2015
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Fuel prices front and centre of CPI number
44470