Reserve Bank of New Zealand’s inflation expectations for the next 12 months rise to 1.22% in the three months to May

Market news

17 May 2016

Reserve Bank of New Zealand’s inflation expectations for the next 12 months rise to 1.22% in the three months to May

According to the Reserve Bank of New Zealand's survey published on Tuesday, New Zealand's inflation expectations for the next 12 months rose to 1.22% in the three months to May from 1.09% the previous quarter.

Inflation expectations for the next 24 months were up to 1.64% from 1.63%.

European stocks closed: FTSE 6167.77 16.37 0.27%, DAX 9890.19 -62.71 -0.63%, CAC 40 4297.57 -14.71 -0.34%

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