CPI (QoQ) (New Zealand)
Let\\\'s See If Inflation Will Keep the Pace of Q3 in Q4 2018
Starts Tuesday, January 22, 2019 at 21:45
Updated Tuesday, January 22, 2019
Consumer price index CPI inflation has picked up nicely in the last year in New Zealand. It increased by 0.5% in Q1 last year,growth slowed one point to 0.4% in Q2 but inflation jumped higher to 0.9% in Q3, as October's report showed, beating expectations of 0.7% which were already pretty high. This report is for Q4, so let's see if inflation will keep the pace of growth that it had in Q3. Please follow us for live coverage of this event by experienced market analysts.
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About CPI (QoQ) (New Zealand)
A key measurement of inflation, the Consumer Price Index (CPI) influences public sentiment and monetary policy of the Reserve Bank of New Zealand (RBNZ) toward the Kiwi. It measures the pricing changes of a fixed basket of goods and services over time.Derived by Statistics New Zealand, the CPI (QoQ) is released four times per year. Strong CPI values are typically viewed as bullish for the NZD, while lagging values are negative. In instances where the CPI is strong, the RBNZ is more likely to tighten monetary policy to control inflationary concerns facing the NZD.