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2018.10.1518:00:00UTC+00New Zealand CPI Climbs 0.9% In Q3

Consumer prices in New Zealand were up 0.9 percent on quarter in the third quarter of 2018, Statistics New Zealand said on Tuesday.

That exceeded expectations for an increase of 0.7 percent and was up from 0.4 percent in the three months prior.

On a yearly basis, inflation climbed 1.9 percent - again topping estimates for 1.7 percent and accelerating from 1.5 percent in the previous three months.

Petrol prices were the main driving force, rising 5.5 percent on quarter and 19 percent on year.



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