Inflation data from New Zealand is due Tuesday morning 16 October local time

2415GMT on Monday 15 October 2018

Preview via Westpac:

  • We expect a 0.7% rise in consumer prices for the September quarter, taking annual inflation up to 1.7%.
  • Higher fuel prices account for much of the quarterly rise. We also expect the lower exchange rate over the last year to have an impact on prices of imported goods.
  • Inflation is set to rise above the 2% midpoint of the Reserve Bank's target range by year-end. A petrol-induced rise in inflation could make OCR cuts a harder sell in the near term, though it certainly wouldn't preclude rate cuts if the economy faltered

Earlier on NZ: