The Reserve Bank of New Zealand (RBNZ) Survey of Expectations, conducted externally by the Nielsen Company on the RBNZ’s behalf, came at a median of 2.30% in Q1 2014. March 2014 quarter report Both one and two-year-ahead expectations of Consumers Price Index (CPI) inflation are little moved since last quarter. The one-year series increased from 1.94 to 2.03 percent on a mean basis. The median increased from 1.90 percent to 2.00 percent. The two-year series is effectively unchanged again, falling just 0.01 percentage points from 2.34 to 2.33 percent. The median fell from 2.40 to 2.30 percent. Respondents are also ... (full story)