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New Zealand Q4 inflation 1.4% q/q (expected 1.3%) 7.2% y/y (expected 7.1%)
CPI data from NZ for the October - December quarter of 2022.
Inflation data comes in higher than expected for the quarter and the year.
NZD/USD pops higher.
The result keeps the RBNZ well and truly in aggressive hiking mode.
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Non-tradeable inflation was 6.6% y/y (1.5% q/q)
- driven by higher prices for the construction of a new house
Non-tradeable inflation measures goods and services that do not face foreign competition, and is an indicator... Read More
Posted: Jan 24 2023, 21:45
Author Name: forexlive
Views: 111676