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Showing posts with label Inflation down. Show all posts
Showing posts with label Inflation down. Show all posts

Thursday, October 17, 2024

David Farrar: Finally inflation is below 3%


Stats NZ reports:

* Annual inflation down from 3.3% to 2.2%

* CPI went up 0.6% in the quarter

* Non-tradeable inflation still high at 4.9%

* Tradeable inflation at -1.6%