Breakfast briefing: Last-mile gains in inflation war hard to achieve - News Summed Up

Breakfast briefing: Last-mile gains in inflation war hard to achieve


Here's our summary of key economic events overnight that affect New Zealand with news policymakers are still struggling with the last-mile gains in their war on inflation. Their jobless rate rose marginally to 4.1% and their participation rate is still hovering around 67%. The Kiwi dollar starts today little-changed at 60.6 USc. That all means our TWI-5 starts today at 69.4 and essentially unchanged from this time yesterday. The bitcoin price starts today at US$63,799 and down -0.9% from this time yesterday.


Source: New Zealand Herald July 19, 2024 01:25 UTC



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