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 0.9% against a forecast of 0.7%.
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 | 2.2% | 2.5% | ||
Business NZ PSI | Bullish change | 49 | 49.1 | ||
Business NZ PMI | Bearish change | 54.1 | 53.2 | ||
RBNZ Interest Rate Decision | Bearish change | 3.75% | 3.5% |
Country: | New Zealand |
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Currency: | NZD |
Source: | Stats NZ |
Category: | Inflation |
Frequency: | Quarterly |