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VIEW: Westpac note that today's CPI.....>

NEW ZEALAND
NEW ZEALAND: VIEW: Westpac note that today's CPI result was "in line with the
Reserve Bank's forecast, both on the headline rate and in the details. Concerns
about slowing domestic growth and the uncertain global environment meant that
the RBNZ had already judged that a further OCR cut was "likely". Today's report
will do nothing to change that stance."
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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