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New Zealand PPI Output QoQ (Q4) Q/Q 0.1% vs. Exp. 0.7% (Prev. 0.6%)

The New Zealand PPI Output for Q4 came in at 0.1%, significantly below the expected 0.7% and lower than the previous 0.6%.

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New Zealand PPI Output QoQ (Q4) Q/Q 0.1% vs. Exp. 0.7% (Prev. 0.6%)

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Context

This miss may indicate underlying weakness in price pressures, which could revise expectations for the Reserve Bank of New Zealand's monetary policy, suggesting a potentially more dovish stance moving forward.

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