New Zealand’s CPI inflation steadies at 2.2% YoY in Q4 vs. 2.1% expected

New Zealand’s Consumer Price Index (CPI) rose 2.2% YoY in the fourth quarter (Q4) of 2024, compared with the 2.2% increase seen in the third quarter, according to the latest data published by Statistics New Zealand on Wednesday. The market consensus was for a growth of 2.1% in the reported period.