New Zealand Consumer Price Index (YoY) came in at 1.5% disappointing expectations (1.7%) in 1Q

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NZ CPI below estimates, NZD breaks below 0.86

New Zealand CPI (QoQ) for the first trimester of 2014 came at 0.3% vs 0.5% expected and 0.1% last, with the annual reading (YoY) in this first trimester standing at 1.5% vs 1.7% exp and 1.6% last.
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