Press Release – New Zealand Government Total of 422 new electric vehicles and charging infrastructure across the state sector $5.1 million for the Department of Conservation to buy 148 electric vehicles and install charging infrastructure $1.1 million to help Kinga Ora buy 40 electric …
Total of 422 new electric vehicles and charging infrastructure across the state sector
$5.1 million for the Department of Conservation to buy 148 electric vehicles and install charging infrastructure
$1.1 million to help Kāinga Ora buy 40 electric vehicles and install charging infrastructure
11,600 tonnes of carbon emissions saved over 10 years
Progress towards the Government’s plan for a carbon neutral public sector by 2025 has accelerated thanks to funding announced today for more than 400 electric vehicles.
NZD/USD forms a rising wedge pattern ahead of US CPI and PPI data
NZD/USD forms a rising wedge pattern ahead of US CPI and PPI data
The pair has formed a rising wedge pattern on the four-hour chart.
Analysts expect that US inflation will rise at the fastest pace in a decade.
The NZD/USD pair retreated ahead of the latest US consumer inflation numbers. It dropped to 0.7227, which was 1% below the highest level this month.
NZD/USD price action
US inflation concerns
The biggest focus among traders is on the upcoming US consumer and producer inflation numbers that will come out on Wednesday and Thursday, respectively. The data is expected to show that consumer prices rose by a year-on-year rate of 3.6%, which will be the fastest growth in more than a decade.
Press Release – New Zealand Government Total of 422 new electric vehicles and charging infrastructure across the state sector $5.1 million for the Department of Conservation to buy 148 electric vehicles and install charging infrastructure $1.1 million to help Kinga Ora buy 40 electric …
Total of 422 new electric vehicles and charging infrastructure across the state sector
$5.1 million for the Department of Conservation to buy 148 electric vehicles and install charging infrastructure
$1.1 million to help Kāinga Ora buy 40 electric vehicles and install charging infrastructure
11,600 tonnes of carbon emissions saved over 10 years
Progress towards the Government’s plan for a carbon neutral public sector by 2025 has accelerated thanks to funding announced today for more than 400 electric vehicles.
New Zealand Retail Credit Card Spending Jumps 4.0% In April
The value of retail electronic spending in New Zealand climbed a seasonally adjusted 4.0 percent on month in April, Statistics New Zealand said on Tuesday – after rising 0.8 percent in March.
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Asian Shares Slide On Inflation Worries
CANBERA (dpa-AFX) - Asian stocks succumbed to selling pressure on Tuesday amid tech sell-off and growing concerns over inflation. As the economy heats up, it is feared that the Federal Reserve may tighten its monetary policy sooner than expected.
Chinese shares reversed early losses to close higher, with the benchmark Shanghai Composite edging up 13.85 points, or 0.40 percent, to 3,441.85. Hong Kong s Hang Seng index fell 581.85 points, or 2.03 percent, to 28,013.81.
China s consumer price inflation rose moderately at a slower-than-expected pace in April, while producer prices grew at the fastest pace in more than three years driven by higher commodity prices, official data showed today.