-
RBNZ Sectoral Factor Model Inflation for Q2 remains unchanged at 1.7% YoY
Having witnessed headline Consumer Price Index (CPI) data for New Zealand during the early Asian session, it’s time to know Reserve Bank of New Zealand’s (RBNZ) preferred version of inflation gauge. Alike CPI (YoY), the Sectoral Factor Model Inflation from RBNZ also remains close to the lower end of the RBNZ’s target range of 1.00% to 3.00% while flashing 1.7% increase on a yearly basis.