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New Zealand 1Q Consumer Price Index (QoQ) increase to 0.4% vs -0.2%

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New Zealand CPI Q1 offers no surprises

The New Zealand CPI data for the first quarter came in line with expectations, with the monthly reading printing +0.4% m/m vs 0.4% according to a Reuters poll, while on a yearly basis, the New Zealand Q1 CPI stood at +0.9% vs. +0.9% expected.
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