- Analytics
- News and Tools
- Market News
- New Zealand CPI to rise by 0.5% q/q in Q2 - TDS
New Zealand CPI to rise by 0.5% q/q in Q2 - TDS
According to the analysts at TD Securities (TDS), New Zealand’s second quarter Consumer Price Index (CPI), due out on Tuesday at 2245 GMT, is seen rising across the time horizons.
“NZD TD forecasts Q2 inflation to rise by 0.5% in the June qtr lifting annual inflation to 1.6%. This is a touch below the RBNZ's 0.6%/q forecast. While higher oil prices in the qtr account for more than 60% of the increase in CPI in the qtr, food at 20% of the basket, imparts a mild downside bias. A print in line with RBNZ forecasts keeps an Aug rate cut in play.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
