Consumer Price Index. New Zealand, 00:45 (GMT+2)

At 00:45 (GMT+2), New Zealand data on the Consumer Price Index for Q1 2022 will be released. This is the main indicator of the inflation rate in the country, which reflects the change in the level of retail prices for a certain “basket” of goods and services: food, transport, utilities, healthcare, and so on. It is expected that the value will increase from 5.9% to 7.1% on an annualized basis, and from 1.4% to 2.0% on a quarterly basis. The implementation of the forecast can cause pressure on NZD.

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