New Zealand 2 year inflation expectations 1.80% (prior 1.86%)

For the fourth quarter of 2019, Q4

• 2 year expectations drop to 1.80% from 1.86% prior
• 1-year 1.66% (from the prior 1.71%)

Well, down a little. The data is a day ahead of the RBNZ policy decision so the market is a wee bit more sensitive to this than usual. NZD down a few tics.

Background here:

• Here is what's on the economic calendar in Asia today