Inflation in New Zealand jumped to 4.1 per cent in the second quarter

STATISTICS NEW ZEALAND DATA SHOW THAT ANNUAL INFLATION IN NEW ZEALAND JUMPED TO 4.1 PER CENT IN THE SECOND QUARTER OF 2026, EXCEEDING ECONOMISTS ' EXPECTATIONS AND ESTIMATES BY THE RESERVE BANK OF NEW ZEALAND (RBNZ). THE DATA SUGGEST THAT RBNZ MAY NEED TO RAISE FURTHER INTEREST RATES DURING THE RECENTLY RESTARTED INTEREST-RATE CYCLE IN ORDER TO COPE WITH CONTINUING INFLATIONARY PRESSURES. AFTER THREE YEARS OF MAINTENANCE, NEW ZEALAND ' S CASH INTEREST RATE HAS JUST RISEN TO 2.5 PER CENT. IN ADDITION, RBNZ IS EXPECTED TO RELEASE ITS CORE INFLATION INDICATORS LATER TODAY TO ASSESS THE UNDERLYING FACTORS OF INFLATIONARY PRESSURE。