RBNZ's New Zealand 2 year inflation expectations for Q3 a tad higher at 2.04% y/y

Dhwani Mehta FXStreet

The Reserve Bank of New Zealand’s (RBNZ) quarterly inflation expectations survey showed the Q3 in at 2.04% y/y for 2 year, slightly higher than the Q2 result of 2.01%. Meanwhile, 1-year expectations stood at 1.86%.

RBNZ Assistant Governor McDermott noted that non-tradeable inflation, inflation expectations are key influences on the OCR track.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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