New Zealand Q4 2018 CPI rises +1.9% y/y vs. 1.8% expected
|Statistic New Zealand (Stats NZ) released the inflation report for the fourth quarter of 2018, citing that New Zealand’s consumer prices ticked higher by 0.1% q/q versus 0.0% expected and 0.9%.
On an annualized basis, the CPI figure arrived at 1.9% in Q4 2018 versus 1.8% expected and 1.9% last.
Main Points (via Stats NZ)
“Housing and household utilities increased 3.1 percent, with rentals for housing up 2.4 percent, construction up 3.6 percent, and local authority rates up 5.1 percent.
Transport increased 3.5 percent, with petrol up 11 percent.
Alcoholic beverages and tobacco increased 3.8 percent, with cigarettes and tobacco up 9.2 percent.
Communication prices decreased 3.7 percent, with telecommunication equipment down 21 percent.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.