NZ inflation may have slowed in first quarter on fees-free education policy

Mon, 16 Apr 2018

By Rebecca Howard April 16 (BusinessDesk) - New Zealand's annual pace of inflation probably slowed in the first three months of the year as the government's 'fees free' tertiary education policy comes into effect, removing price pressures in the sector. Economists expect the consumers price index rose at an annual pace of 1.1 percent the three months ended March, slowing from a 1.6 percent pace in the December quarter, according to the median in a poll of 12 economists surveyed by Bloomberg. That compares to the Reserve Bank's quarterly...

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