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ANZ note that their Monthly Inflation...>

NEW ZEALAND
NEW ZEALAND: ANZ note that their Monthly Inflation Gauge fell 0.1% m/m in
December. "Housing-related price pressures are trucking along, but were not
strong enough to offset a large, unexpected fall in domestic air travel prices
in the month. This brings the December quarter signal for non-tradable inflation
to 0.7% q/q, with annual growth easing from 2.4% to 2.3%."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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