The PMI is expected to remain firm, domestic demand in NZ is on fire.

2230GMT BusinessNZ manufacturing PMI for June

  • expected 55.8
  • prior 58.6

2245 GMT brings the CPI, wage rises have helped firm inflation

  • food prices up
  • construction costs higher
  • used car prices also higher
  • CPI expected 0.8% q/q, prior 0.8%
  • CPI expected 2.8% y/y, prior 1.5%

Later in the session are more inflation data from NZ, the RBNZ's 'Sectoral Factor Model Inflation Gauge'