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New Zealand PPI Input (Q2 QQ) 2.9% vs. Exp. 1.3% (Prev. 1.4%)

StockNow breaking-news AI analysis

New Zealand's Q2 PPI Input surged to 2.9%, far exceeding expectations and reinforcing the RBNZ's hawkish stance, which previously signaled OCR hikes to 2.51% by September to combat persistent inflation.

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