UPDATE: NZ 4Q inflation soft but economists see some signs of emerging pressure

Tue, 22 Jan 2019

(Adds detail throughout, comment from economists) By Rebecca Howard Jan. 23 (BusinessDesk) - New Zealand's inflation remained stuck in neutral in the fourth quarter but economists say the data does point to some emerging cost pressure. The Consumers Price Index rose 0.1 percent in the three months ended Dec. 31, taking annual inflation to 1.9 percent, Stats NZ said. Economists had been expecting the index would increase zero to 0.1 percent in the three months, for an annual increase of 1.8 to 1.9. The Reserve Bank had tipped a q...

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