Free MCQs for FPSC, NTS, PPSC, PMS, CSS & All Pakistan Exams 2026

According to data released on 21 October 2026, what was New Zealand’s annual inflation rate in the third quarter of 2026?

A. 2.5%
B. 3.0%
C. 3.7%
D. 4.5%

 

Explanation:

New Zealand’s annual inflation rate eased to 3.7% in the third quarter of 2026. Although inflation slowed, it remained above the Reserve Bank of New Zealand’s target range of 1–3%.

Key points

  • – Data published: 21 October 2026.
  • – Annual inflation: 3.7%.
  • – Quarterly CPI increase: 0.7%.
  • – Contributors included petrol and house-construction costs.

Related questions and answers

– Q: What is New Zealand’s central bank called?

A: Reserve Bank of New Zealand (RBNZ).

– Q: What is the RBNZ’s inflation target range?

A: 1–3%.

– Q: What does CPI stand for?

A: Consumer Price Index.

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