Free Trial

Headline NZ Q2 CPI meets market &.......>

NEW ZEALAND
NEW ZEALAND: Headline NZ Q2 CPI meets market & RBNZ exp. at +1.7% Y/Y & +0.6%
Q/Q vs. the +1.5% Y/Y & +0.1% Q/Q seen in Q1.
- Non-tradable inflation also met the RBNZ's exp. rising by 2.8% Y/Y and 0.3%
Q/Q. Tradable inflation missed the RBNZ exp. by 0.1% pp on both a Y/Y & Q/Q
basis, registering at 0.9% & 0.1% respectively.
- Housing and household utilities provided the biggest contribution to the
headline print, while communication provided the biggest drag.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.