NZ CPI falls to 2.2% in Q3, back in RBNZ’s target band

New Zealand’s CPI rose 0.6% qoq in Q3, slightly below market expectations of 0.7% qoq. Annually, inflation slowed sharply from 3.3% yoy to 2.2% yoy, in line with forecasts.
This marks the first time since March 2021 that annual inflation ha
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