NZ inflation expectations slow in RBNZ survey, unemployment seen as staying high

Tue, 26 Feb 2013

By Paul McBeth Feb. 26 (BusinessDesk) - New Zealand's expected pace of inflation over the coming two years has slowed down from the start of the year, though unemployment is still picked as staying relatively high, according to the latest central bank survey. Respondents to the Reserve Bank's March survey of expectations don't seen any sign of rising interest rates, with consumer price inflation seen at 1.67 percent for the year ahead and 2.17 percent in two years' time. That's down from 1.77 percent and 2.27 percent respectively from the Ja...

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