NZD Inflation Expectations q/q

Source: Reserve Bank of New Zealand (latest release)

Measures:
Percentage that business managers expect the price of goods and services to change annually during the next 2 years;

Usual Effect: Actual > Forecast = Good for currency;

Frequency: Released quarterly, about 25 days after the quarter ends;

Next Release: May 24, 2009

Why Traders Care:
Expectations of future inflation can manifest into real inflation, primarily because workers tend to push for higher wages when they believe prices will rise;

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