New Zealand data - Q2 PPI inputs +3.1% q/q & outputs +2.4% q/q

Both of these measures of wholesale price inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term have risen more than expected, and both have risen less quickly than in Q1.

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Ahead in New Zealand today, the session focus:

• RBNZ to hike its cash rate by 50bp today, Wednesday, 17 August 2022

• RBNZ to hike another 50bp with focus on MPS - Credit Agricole

• RBNZ RATE HIKE WATCH: NZDUSD corrects to the 200 hour MA. RBNZ rate decision tomorrow
• RBNZ rate hike coming on Wednesday - NZD NZD The New Zealand Dollar (NZD) is the official currency of New Zealand and the tenth most traded currency in the world. Also referred to as the Kiwi, the currency is also utilized in several Pacific islands, including Tokelau, the Cook Islands, Pitcairn islands, and Niue.The NZD’s history is long, extending back to 1934 with the creation of the Reserve Bank of New Zealand. While far from the most traded currency in the global forex market, the NZD has a key role nonetheless.The NZD is considered a The New Zealand Dollar (NZD) is the official currency of New Zealand and the tenth most traded currency in the world. Also referred to as the Kiwi, the currency is also utilized in several Pacific islands, including Tokelau, the Cook Islands, Pitcairn islands, and Niue.The NZD’s history is long, extending back to 1934 with the creation of the Reserve Bank of New Zealand. While far from the most traded currency in the global forex market, the NZD has a key role nonetheless.The NZD is considered a Read this Term impact & preview
• RBNZ shadow Board recommends a 50bp cash rate hike this week
• RBNZ meet next week - preview - "should be NZD-supportive"
• Analysts are unanimous that the RBNZ will hike cash rate by 50bp

And:

• RBNZ policy announcement 17 August 2022 - NZD/USD levels