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Lower US CPI gets sceptical reviews

Kia ora,

Welcome to Friday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.

I'm David Chaston and this is the international edition from Interest.co.nz.

Today we start with news there were many central banks reviewing their settings overnight and most stayed unchanged.

But first up today we can report a considerable surprise in the November CPI result. Markets had expected a 3.1% rate. But there was no October reading due to shutdown problems and this may have affected the collecting of November data. In any case the official November result was…

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