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New Zealand's Q2 CPI rose 0.5% quarter-over-quarter, slightly below expectations of 0.6% and down from 0.9% previously. Year-over-year CPI came in at 2.7%, just under the 2.8% estimate but higher than the previous 2.5%.
Tradeable inflation eased to 0.3% QoQ (est. 0.5%, prior