The New Zealand inflation data post is here:

NZD was kicked higher on the result, a higher than expected results is enough to trigger a few stops on those holding shorts:

The New Zealand inflation data post is here:

More:

  • The trimmed-mean measures - which exclude extreme price movements - ranged from 2.0 percent to 2.1 percent for the year. This indicates that underlying inflation is higher than the 1.9 percent overall increase in CPI. On a quarterly basis, trimmed means ranged from 0.4 percent to 0.5 percent.

The RBNZ target band is 1 to 3%. The Bank will not be unhappy with this data today.