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The RBNZ has published its own inflation data: 5.8% y/y in Q2, same as the Q1 reading

Earlier today we had the official CPI data from Stats NZ:The New Zealand Q2 inflation data was published earlier from Stats NZ:New Zealand Q2 CPI 1.1% q/q (vs. expected 1.0%)NZD marked higher after NZ CPI data higher than expectedResponses:New Zealand CPI data higher than expected - ASB sees RBNZ staying on sidelinesNew Zealand CPI data higher than expected - KiwiBank says RBNZ will take comfortNow from the Reserve Bank of New Zealand:---What is the Sectoral factor model? In brief:The model is b... Read More

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Posted: Jul 19 2023, 03:05

Author Name: forexlive

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