New Zealand CPI accelerated, but RBNZ core CPI slowed

<p>New Zealand CPI rose accelerated to 0.8% qoq in Q1, up from Q4&#8217;s 0.5% qoq, well above expectation of 0.3% qoq. Annual inflation rate rose to 2.5% yoy, highest since 2011. Impact of coronavirus pandemic was not much reflected in the data yet as lockdown measures started on March 25. Separately released, RBNZ&#8217;s own core [&#8230;]</p>
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