Tue, 21 Jan 2014 09:18:09 GMT
New Zealand's CPI rises 0.1% in Q4
Inflation measure as consumer price index in New Zealand increased on a sequential basis in the last quarter of 2013 rising above economists' expectations and suggesting that the Reserve Back may raise interest rates soon, the Statistics New Zealand reported on Tuesday. The country's consumer price index added 0.1% in the Q4 compared to a 0.9% drop initially forecast.