New Zealand inflation for Q4 2020: CPI 0.5% q/q (expected 0.2% q/q, prior 0.7%)

CPI in  New Zealand for Q4 comes in at higher than expected, NZD is up a few points in response 

CPI 0.5% q/q

• expected 0.2% q/q, prior 0.7%

CPI 1.4% y/y  

• expected 1.1% y/y, prior 1.4% 

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