Lower numbers than forecast tend to be bullish for xxx/NZD pairs and bearish for NZD/xxx pairs.
The most recent announced value for Consumer Price Index (YoY) was 2.7% against a forecast of 2.8%.
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 (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Consumer Price Index (QoQ) | Bearish change | 0.9% | 0.5% | ||
Business NZ PSI | Bullish change | 44.1 | 47.3 | ||
Business NZ PMI | Bullish change | 47.4 | 48.8 | ||
RBNZ Interest Rate Decision | (no change) | 3.25% | 3.25% |
Country: | New Zealand |
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Currency: | NZD |
Source: | Stats NZ |
Category: | Inflation |
Frequency: | Quarterly |