Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
The most recent announced value for Consumer Price Index (QoQ) was 0.6% against a forecast of 0.5%.
Recent economic data has been moderately bullish for NZD. Other recent announcements which may affect the market's interpretation of the next Consumer Price Index (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Consumer Price Index (YoY) | Bullish change | 3% | 3.1% | ||
| Business NZ PSI | Bullish change | 46.9 | 51.5 | ||
| Business NZ PMI | Bullish change | 51.4 | 56.1 | ||
| Building Permits s.a. (MoM) | Bullish change | -0.7% | 2.8% |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Inflation |
| Frequency: | Quarterly |