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New Zealand Q4 CPI: -0.5% q/q (-0.2% expected)

Discussion in 'Market News' started by ForexLive, Jan 19, 2016.

  1. ForexLive

    ForexLive Forum Member

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    New Zealand fourth quarter inflation data -0.5% q/q - expected -0.2% and prior was +0.3% +0.1% y/y - expected 0.3%, while prior was 0.4% I mentioned prior to the release that the NZ fin min (Bill English) has pressured the Reserve Bank of New Zealand to lower interest rates due to persistnely low inflation and the RBNZ missing its target ... well, we can expect more of that pressure.

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