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 (QoQ) was 0.6% against a forecast of 0.7%.
Recent economic data has been broadly neutral for NZD. Other recent announcements which may affect the market's interpretation of the next Consumer Price Index (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Exports | Bullish change | $4.97B | $5.01B | ||
Imports | Bearish change | $7.17B | $7.12B | ||
Trade Balance NZD (YoY) | Bullish change | $-9.4B | $-9.09B | ||
Consumer Price Index (YoY) | Bearish change | 3.3% | 2.2% | ||
Business NZ PSI | (no change) | 45.7 | 45.7 | ||
Business NZ PMI | Bullish change | 46.1 | 46.9 | ||
RBNZ Interest Rate Decision | Bearish change | 5.25% | 4.75% |
Country: | New Zealand |
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Currency: | NZD |
Source: | Stats NZ |
Category: | Inflation |
Frequency: | Quarterly |