OctaFX | OctaFX Forex Broker
Open trading account

NZ: CPI likely to rise by 0.1% in December quarter – Westpac

Michael Gordon, senior economist at Westpac, expects a 0.1% rise in the New Zealand’s Consumer Price Index (CPI) for the December quarter, with annual inflation holding at 1.9%.

Key Quotes

“The recent volatility in fuel prices will end up having little bearing on the December quarter figures, though it will weigh on inflation in the early part of this year.”

“The tightening labour market and the lower New Zealand dollar are expected to support a pickup in underlying inflation.”

“While we expect overall inflation to come in a little below the Reserve Bank’s forecast, that’s entirely due to the recent drop in fuel prices. We think that domestically-generated inflation will be stronger than the Reserve Bank’s forecast.”

GBP/USD seen at 1.1000 on a hard Brexit - HSBC

Analysts at HSBC offer the outlook on the GBP/USD pair, in the wake of the three various Brexit scenarios. Key Highlights: If the UK stays in the EU
Read more Previous

Sources: Japan Govt underestimated wage data, seeks additional budget spending - Reuters

Reuters quoted the Japanese government sources on Thursday, as saying that Japanese workers’ monthly wages were underestimated by 0.6% on average in t
Read more Next
Start livechat