New Zealand Inflation Accelerates to 4.1% as Fuel Costs Soar
New Zealand’s annual inflation accelerated to the fastest pace in more than two years in the second quarter, fanned by soaring fuel prices and reinforcing the Reserve Bank’s decision to...
By Tracy Withers · Bloomberg Markets
New Zealand’s annual inflation accelerated to the fastest pace in more than two years in the second quarter, fanned by soaring fuel prices and reinforcing the Reserve Bank’s decision to begin raising interest rates.