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      New Zealand's Q1 2026 Inflation Rate Exceeds Expectations

      New Zealand's consumer price index (CPI) for the first quarter of 2026 has shown a quarterly increase of 0.9%, surpassing the anticipated rise of 0.8%. This marks an increase from the previous quarter's growth of 0.6%. Year-over-year, the CPI stands at 3.1%, which also exceeds expectations of 2.9% and remains unchanged from the prior year's figure.

      The data indicates that non-tradable goods, which are often seen as a measure of domestically generated inflation, rose by 1.1% on a quarterly basis and 3.5% compared to the same period last year. This suggests that inflationary pressures are being driven by domestic factors rather than external trade influences. Following the release of this data, the New Zealand dollar experienced a notable increase.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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