New Zealand's PPI rose by 0.3% in Q1

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Source: Forexpros
The PPI in New Zealand increased more than expected in Q1 of 2012, according to official data. The PPI of the country gained 0.3% in Q1 on a seasonally adjusted basis as compared to an increase of 0.5% in Q4 of 2011, reported Statistics New Zealand. Experts predicted the PPI to stay unchanged in Q1. Following the data release, the New Zealand Dollar appreciated against its US counterpart and NZD/USD traded at 0.7651, gaining 0.12%.


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Thu, 17 May 2012 11:04:29 GMT

Some of the brokerage houses stop accepting orders of Facebook IPO

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Thu, 17 May 2012 13:46:37 GMT

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