PREVIEW: NZ inflation may inch back to mid-point of band in 4Q on fuel costs

Fri, 19 Jan 2018

By Rebecca Howard Jan. 19 (BusinessDesk) - Rising fuel prices, housing costs and an ongoing influx of tourists may have pushed annual inflation back to the mid-point of the central bank's target band but economists say tepid pressures elsewhere will keep the interest rates firmly on hold. Economists expect the consumers price index rose 0.4 percent in the three months ended Dec. 31, for an annual increase of 1.9 percent, according to the median in a poll of 13 economists surveyed by Bloomberg. Five of the 13, however, see it at 2 percent...

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