The prospects of New Zealand's central bank taking measures against the housing crisis worsened Monday with figures showing consumer price index (CPI) inflation falling to just 0.1 percent in the year ending March.
Soaring property prices and falling dairy prices driven by China's weakening demand are posing risks for New Zealand's otherwise sound financial system, the Reserve Bank of New Zealand warned Wednesday.
Soaring property prices and falling dairy prices driven by China's weakening demand are posing risks for New Zealand's otherwise sound financial system, the Reserve Bank of New Zealand warned Wednesday.
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