
The Markets
Share market shuffles sideways as inflation soars
Friday 16th of July 2021
The S&P/NZX 50 Index added 1.99 points, effectively unchanged, to reach 12,673.15. Turnover was $163.5 million.
New Zealand’s consumers price index jumped 1.3% in the June quarter which puts the annual rate at 3.3%, outside of the Reserve Bank’s target range and significantly above market expectations.
BNZ said it looked increasingly likely the official cash rate...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.
Latest News
3 min read
2 min read
3 min read
Latest Comments