Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
The typical/expected impact on NZD pairs is high.
The consensus forecast for Consumer Price Index (QoQ) is 0.6%. A higher value than forecast tends to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
The most recent announced value for Consumer Price Index (QoQ) was 0.9% against a forecast of 0.7%.
Other recent announcements which may affect the market's interpretation of the next Consumer Price Index (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
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 |