Current Inflation Rate 2024 Nz

Current Inflation Rate 2024 Nz. It marked the lowest reading since march 2021, while came in line with market expectation. The monetary policy committee today agreed to cut the official cash rate (ocr) to 4.75 percent.


Current Inflation Rate 2024 Nz

When inflation is too high, we raise the cash rate so people spend less and save more. This is done by surveying people to find out what they spend their money on.

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