menu search

New Zealand Q4 inflation 1.4% q/q (expected 1.3%) 7.2% y/y (expected 7.1%)

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.

-

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

Search within

Pages Search Results: