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New Zealand PPI Output (Q2 QQ) 1.6% vs. Exp. 0.8% (Prev. 0.8%)
StockNow breaking-news AI analysis
New Zealand Q2 PPI significantly beat expectations, with Output at 1.6% and Input at 2.9%. This adds hawkish pressure on a split RBNZ, which recently warned of necessary future rate hikes.
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