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RBNZ's own inflation measure for Q3 2023 is +5.2% y/y (vs. prior +5.7%)

more to comeThe Bank of its own model: We created the sectoral factor model. It estimates the common component of inflation in the CPI basket, the tradable basket, and the non-tradable basket, based upon separate factors for the tradable and non-tradable sectors. The data excludes GST.Earlier today we had the official CPI data from NZ:New Zealand Q3 CPI +1.8% q/q (+2% expected)ANZ New Zealand expect RBNZ rate hike in February 2024, previously expected November 2023 This article... Read More

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Posted: Oct 17 2023, 02:05

Author Name: forexlive

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