New Zealand inflation slows more than expected to 3-year low

Quick Summary:

The annual inflation rate fell to 3.

Insurance costs jumped 14 per cent in the year.

New Zealand inflation slowed more than forecast to its weakest in three years in the second quarter.

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Article Details

Category: EconomyBusiness

Markets: SingaporeAustraliaNew Zealand

Topics: Inflation Months July First Bank Quarter Zealand Rate Annual Cent Statistics

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-17 @ 08:30:00 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 507 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © The Straits Times

News ID: 21658275

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Main Topics: EconomyBusiness

Official Website: straitstimes.com

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