Track NZ Inflation Expectations q/q to gauge wage trends and pricing pressures in the economy.
Future inflation expectations can lead to actual inflation, as employees often demand higher wages if they anticipate rising prices.
What it Measures
The percentage that business leaders predict the annual changes in the prices of goods and services over the next two years.
Usual Effect
When the actual figure exceeds the forecast, it is generally favorable for the currency.
Source & Frequency
Reserve Bank of New Zealand (latest release) - https://www.rbnz.govt.nz/ • This data is released quarterly, approximately 50 days prior to the end of the quarter.
How Data is Derived
Survey of about 50 consumers which asks respondents where they expect prices to be 24 months in the future
Also Known As
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Acronym
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