Consumer prices in New Zealand rise 0.3% in the third quarter

Market news

16 October 2015

Consumer prices in New Zealand rise 0.3% in the third quarter

The Reserve Bank of New Zealand (RBNZ) released its consumer price inflation data on late Thursday evening. Consumer prices in New Zealand rose 0.3% in the third quarter, beating expectations for a 0.2% gain, after a 0.4% increase in the second quarter.

The increase in consumer price inflation was driven by higher housing-related prices, and higher vegetable and package holiday prices.

On a yearly basis, consumer price inflation increased 0.4% in the third quarter, beating forecasts of the 0.3% rise, after a 0.4% gain in the second quarter.

The annual increase in consumer price inflation was driven by higher housing-related prices.

U.S. budget deficit turns to a surplus of $91.0 billion in September

Bloomberg Consumer Comfort Index: consumers’ expectations for U.S. economy rise to 45.2 in in the week ended October 11

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.