Market news
17.07.2018, 06:35

New Zealand CPI lower than expected q/q

Inflation rates for the June 2018 quarter:

  • quarter: 0.4 percent

  • annual: 1.5 percent.

  • From the June 2017 quarter to the June 2018 quarter, the CPI increased 1.5 percent.

  • Housing and household utilities increased 3.1 percent; rentals for housing were up 2.5 percent; and construction was up 3.9 percent.

  • Transport increased 2.0 percent, with prices for petrol up 10 percent.

  • Miscellaneous goods and services increased 3.1 percent, with insurance prices up 5.7 percent.

  • In the June 2018 quarter compared with the March 2018 quarter, the CPI rose 0.4 percent (up 0.3 percent with seasonal adjustment).

  • Housing and household utilities rose 0.9 percent, influenced by higher prices for rents (up 0.8 percent) and construction (up 1.1 percent).

  • Food prices rose 0.8 percent, influenced by seasonally higher prices for vegetables (up 7.0 percent).

  • Recreation and culture prices fell 1.4 percent, influenced by lower prices for audio-visual equipment (down 15 percent) and subscriber TV (down 7.2 percent).

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location