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New Zealand’s Year-End Inflation Surge Points to More Rate Hikes

Source: Bloomberg

InflationCurrency & FXEnergy Markets & PricesInterest Rates & Yields

New Zealand inflation is expected to have eased slightly in Q3, but a weaker currency and surging oil prices are forecast to drive an acceleration in Q4. The outlook strengthens the case for rate hikes; no specific inflation, currency, or oil-price figures are provided.

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