CPI (QoQ) (New Zealand)
New Zealand Inflation Report for Q3 2108
Starts Wednesday, October 17, 2018 at 20:21
Updated Monday, October 15, 2018
Consumer price index CPI inflation has picked up nicely in the last year in New Zealand. It increased in Q3 last year and although it cooled off again in Q4, inflation returned to 0.4%-0.5% growth in Q1 this year and it has been growing at this pace the entire year so far. Please follow us for live coverage of this event and the impact it might have on the currency 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.