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Asian Economic News

New Zealand Inflation Expectations Remain Stable In Q3

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Inflation expectations among New Zealanders remained unchanged in the September quarter, the latest survey by the Reserve Bank of New Zealand showed Tuesday.

The median two-year ahead inflation expectations was unchanged at 2.5 percent. The median one-year expectations was also steady at 2 percent.

Meanwhile, mean expectations of the two-year series decreased by a larger amount, falling from 2.41 percent last quarter to 2.32 percent now.

The latest official CPI figure from Statistics New Zealand for the year to June 2012 was 1 percent.

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