HomeLive CommentsNew Zealand CPI rose 0.8% qoq, 1.5% yoy in Q1

New Zealand CPI rose 0.8% qoq, 1.5% yoy in Q1

New Zealand CPI rose 0.8% qoq in Q1, matched expectations. Annually, CPI accelerated to 1.5% yoy, up from 1.4% yoy. Looking at some details, the rises in prices were led by transport, which rose 3.9% qoq, biggest quarterly rise in over a decade. Rent prices rose 1.0% qoq, biggest quarterly rise in a year.

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