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AAP
AAP
Ben McKay

MYSTERIOUS: Nz inflation drops to 3 3 per cent below expectations - You Need To See This

CPI data shows prices in New Zealand grew just 3.3 per cent in the year to June. (Bianca De Marchi/AAP PHOTOS)

The case for rate cuts in New Zealand has been strengthened by fresh figures plunging inflation under four per cent for the first time since 2021.

On Wednesday, Stats NZ released second-quarter consumer price index (CPI) data showing prices grew just 3.3 per cent in the year to June.

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