NZ monthly inflation gauge (ANZ) + 0.5% m/m on July (prior +0.3%)
Official CPI data is once a quarter from New Zealand
The monthly ANZ survey gauge fills in the blanks. The data release today is for July, so the first indication for Q3.
Comes in at
- +0.5% m/m
- +2.8% y/y
This'll be supportive for NZD at the margin, reducing the chance of further easing from the RBNZ (all else being equal …. which it never is of course).
Reprinted from Forexlive，the copyright all reserved by the original author.
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