New Zealand's consumer inflation outpaced expectations in the third quarter and remains at historically high levels amid widespread price pressures. Annual inflation rose to 7.2% in the third quarter.
New Zealand's consumer inflation outpaced expectations in the third quarter and remains at historically high levels amid widespread price pressures. Annual inflation rose to 7.2% in the third quarter, slowing from 7.3% in the second quarter and sits just below three-decade highs.