Bloomberg News

N.Z. Third-Quarter Consumer Prices Rise 0.4% From Second Quarter

October 24, 2011

Oct. 25 (Bloomberg) -- New Zealand consumer prices rose 0.4 percent in the third quarter from the April-June period, a government report released today in Wellington showed. From a year earlier, the inflation rate advanced 4.6 percent, it showed.

The median estimates in a Bloomberg News survey of economists were for a 0.7 percent quarterly gain and a 4.9 percent annual increase.

To contact the reporter on this story: Tracy Withers in Wellington at twithers@bloomberg.net

To contact the editor responsible for this story: Brendan Murray at brmurray@bloomberg.net


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