Economists polled by Reuters had forecast a 1.7% rise for the quarter, with an annual rise of 7.1%. (Reporting by Lucy Craymer Editing by Chris Reese)
WELLINGTON, April 20 (Reuters) - New Zealand's consumer
price index (CPI) rose 1.2% in the first quarter on the prior
quarter, well below analysts' forecasts, according to data
released by Statistics New Zealand on Thursday.
This compares with a 1.4% rise in the previous quarter.
Annual inflation fell to 6.7%.
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