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The  Reserve Bank of New Zealand (RBNZ) released its  Sectoral Factor Model Inflation gauge for the first quarter of 2021 after the  publication of the official consumer price index (CPI)  by the NZ Stats early Wednesday.

The gauge rose by 1.9% YoY in Q1. The inflation measures are closely watched by the  RBNZ, which has a monetary policy goal of achieving 1% to 3% inflation.


more to come …