NZX 50 Extends Gains on Easing Inflation
The NZX 50 rose 38 points, or 0.3%, to 13,799 in Thursday morning trade, extending gains from the previous session after fresh data showed that inflation eased in Q3. Inflation slowed to 3.7% in Q3, though it remained above the RBNZ's 1—3% target range. However, the latest figure eased concerns over interest rate hikes