Mortgage News

Inflation result won’t stop OCR cut

Tuesday 18th of October 2016

New Zealand’s annual rate of inflation slowed to 0.2% in the September 2016 quarter, which means inflation for the year to September 30 was also 0.2%

This is in comparison to the June 2016 quarter when inflation came in at 0.4%.

While housing and household utilities prices rose by 1.1%, this was countered by a 3.0% decline in transportation prices which had the biggest downward co...

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