New Zealand Q1 CPI : 0.1% q/q (expected 0.3% and 1.5% y/y (expected 1.7%)

Author: Eamonn Sheridan | Category: News

New Zealand inflation data from the January - March quarter 2019

0.1% q/q Much lower than expected 
  • expected 0.3% q/q, prior 0.1%
1.5% y/y and ditto
  • expected 1.7% y/y, prior 1.9%

This keeps the RBNZ rate cut prospect in May very mucha alive. VERY.

Negative for the NZD 


Background, check out the previews posted:

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