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There is more inflation data to come from New Zealand later - RBNZ's own preferred measure

We just had the CPI data from Stats NZ:New Zealand Q1 CPI 1.2% q/q (vs. 1.7% expected)Which hit the NZD:NZD/USD marked down following lower than expected (but still elevated) NZ CPI dataLater in the session we'll get the Reserve Bank of New Zealand's own inflation measure, its "Sectoral factor model". The RBNZ don't list a time for the release but around 0300 GMT is usually about right (3pm NZ time, 11pm US Eastern time).Pic is from the RBNZ website and shows the data as of the December 2022 qua... Read More

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Posted: Apr 19 2023, 23:20

Author Name: forexlive

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