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Westpac forecasting deflation for NZ in 2016

Discussion in 'Fundamental Analysis' started by ForexLive, Feb 9, 2016.

  1. ForexLive

    ForexLive Forum Member

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    From Westpac economists in their Economic Overview (published once a quarter) for New Zealand - Say the CPI will be down 0.1% in both Q2 and Q3 - Inflation to bounce into the Reserve Bank of New Zealand's 1 -3% target band in 2017 They also suggest that low inflation expectations are a 'major worry' for the RBNZ

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