Viernes, 24 Noviembre, 2017

NZ inflation slows more than expected, rates seen on hold

NZ inflation slows more than expected, rates seen on hold NZ inflation slows more than expected, rates seen on hold
Galeno Paniagua | 18 Julio, 2017, 07:34

Annual inflation rose 1.7%, following a 2.2% increase the previous quarter that was higher than expected.

While the RBNZ says inflation is "well-anchored" at around 2% in the long-term, it expects it to drop as low as 1.1% in the first three months of 2018.

Economists at the Commonwealth Bank agree with that assessment, noting before the release of the report that "it is likely to be some time before underlying inflation picks up to a level consistent with the RBNZ raising interest rates".

Antes de cualquier interés, está el de México — Rafael Moreno Valle
Durante una reunión con más de mil panistas de la Ciudad de México, Moreno Valle aseguró que él tiene la fuerza para ganar cualquier elección, pues cuenta con el apoyo de la gente.

The housing boom lifted new house prices.

A rise in food prices, buoyed by a higher vegetable prices, was offset by falling transport prices, the data showed.

Petrol prices fell 1.9 percent in the quarter and were up 4.5 percent on the year.

Puente Bella Unión: gran congestión vehicular se formó en Av. Universitaria
Así lo demuestra un clip realizado por la Unión de Estudiantes de Arquitectura de Lima , presentando el sentido de sur a norte. En teoría, la apertura del puente Bella Unión causaría el descongestionamiento vehicular en la avenida Universitaria .

The economy gained 0.5% in the first quarter, which was below the consensus forecast calling for a 0.7% increase. The average price of 1 litre of 91 octane petrol was $1.86 in the June quarter, down from $1.90 in the March quarter but up from $1.78 in the June quarter a year earlier.

"Core inflation is still above the low point of 0.9% reached in 2015, but the drop highlights that even decent rates of economic growth aren't enough to generate much inflation", said Paul Dales, chief Australia and New Zealand economist at Capital Economics. Seasonally lower domestic airfares (down 14.5 percent), lower petrol prices (down 1.9 percent), and seasonally lower prices for auto rentals contributed to the overall price fall. Household energy, which includes electricity, gas and solid fuels rose 1.5 percent in the quarter and 1.8 percent on the year. Rental prices rose 0.4 percent in the quarter and 2.1 percent on the year. In year-on-year numbers, telecommunication prices led the way lower, losing 4.6 percent. Prices for the purchase of newly built houses, excluding land, made the most significant upwards contribution to the annual result.

ARMM governor backs new draft BBL
The MNLF-Misuari peace implementing panel has yet to formally meet although they have conducted at least five informal meetings. The MILF signed a peace agreement with the government in 2014, but the Aquino administration failed to complete the process.

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