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The ANZ Monthly Inflation Gauge.........>

NEW ZEALAND
NEW ZEALAND: The ANZ Monthly Inflation Gauge "lifted 0.2% m/m in May - a partial
rebound from last month's 0.8% fall. Another 0.2%pts was trimmed from the annual
measure, which is now running at 2.8% y/y. There were still a few residual
measurement issues in May, with some services having not resumed at the time we
usually capture prices. The dust will settle on these data over the coming
months, and when it does we expect the inflation pulse to be weak."
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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