NZ: Inflation Gauge up 0.1% in November – ANZ

Sandeep Kanihama FXStreet Contributor

New Zealand’s ANZ Monthly Inflation Gauge was up 0.1% MoM in November notes the research team at ANZ.

Key Quotes

“It was supported by housing-related prices and accommodation services prices, partly offset by a fall in domestic airfares. Annual inflation in the Gauge was flat at 3.1%.”

“We expect annual non-tradable inflation to fall over the next year as recent transitory strength fades and a softer economy eases price pressure.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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