What’s at stake:Whether the Reserve Bank of New Zealand can cut the official cash rate earlier than currently forecast, or whether it needs to hike again because of inflation worries.
Background: Stats NZ has released the new Selected Price Indexes data, which covers 45% of the CPI inflation basket every month. Other manufacturing and service sector data paints weaker economic picture.
Main players:Stats NZ, RBNZ, OCR, Adrian Orr, Mike Jones, Craig Ebert, Henry Russell.
Stats NZ’s fresh gauge on price movements has been released, showing annual food price growth has eased to the slowest pace in nearly two years.
Today’s new Selected Price Indexes (SPI) data provides more timely information about a broader basket of key inflation drivers, in addition to regular
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What’s at stake:Whether the Reserve Bank of New Zealand can cut the official cash rate earlier than currently forecast, or whether it needs to hike again because of inflation worries.
Background: Stats NZ has released the new Selected Price Indexes data, which covers 45% of the CPI inflation basket every month. Other manufacturing and service sector data paints weaker economic picture.
Main players:Stats NZ, RBNZ, OCR, Adrian Orr, Mike Jones, Craig Ebert, Henry Russell.