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NZ inflation eases in Q1

NZ inflation eases in Q1

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investingLive
17/04/2009 | 02:31 GMT

Annual inflation in NewZealand eased back to 3%, within the RBNZ target band and backing more interest rate cuts. CPI rose 0.3% in the first 3 months to March taking the annual inflation rate to 3% down from 3.4% in the previous quarter.

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