Higher inflation eases pressure on need for OCR cuts
Inflation nears midpoint of Reserve Bank's target range.
Brent Edwards
Fri, 24 Jan 2020
Annual rent increases are at their highest level in 11 years, helping push the annual inflation rate for 2019 to 1.9%.
Statistics New Zealand said the consumer price index rise 0.5% in the three months to the end of December.
It might give the Reserve Bank more reason to pause as inflation is
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Brent Edwards
Fri, 24 Jan 2020
Contact the Writer: brent@nbr.co.nz
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Higher inflation eases pressure on need for OCR cuts
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