New Zealand data – March consumer inflation expectations hit a 9 month high | Forexlive
New Zealand confidence falls to 77.7 from 79.8 in February.
As part of this survey from ANZ is an assessment of inflation expectations amongst consumers. Says ANZ:
- Inflation expectations rose from 5.2% to 5.4%.
- That’s the highest read
in nine months. - That won’t please the RBNZ, though they put more
weight on business expectations.