New Zealand inflation, which unexpectedly fell to the bottom of the Reserve Bank’s target band in the third quarter, is likely to pick up again as pressures emerge in the labour market, Finance Minister Bill English said.  Economists have pushed out their expectations for New Zealand interest rate hikes after a report last month showed consumer prices rose at an annual rate of …

Trade Minister Tim Groser  welcomed the announcement on the successful conclusion of negotiations with the Republic of Korea on a Free Trade Agreement. “Korea is one of New Zealand’s biggest and most important trading partners,” says  Groser.  “The FTA will deliver real economic benefits for both our countries. It will create more opportunities for our business and will deliver cheaper products …