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17 Apr 2015
Key NZ inflation data coming up - TDS
FXStreet (Guatemala) - Analysts at TD Securities noted the key event for NZ next week.
Key Quotes:
"Antipodean Inflation (NZ 19 Apr/Aust 22 Apr)".
"For NZ we expect Q1 CPI to fall via petrol prices, with the annual print falling from +0.8% to zero, a little below consensus."
"A shock for the markets and the RBNZ will be a tumble in domestic prices. For Australia we expect Q1 underlying inflation to remain at 2¼% Y/Y, as does consensus. Headline CPI will be near-flat due to the petrol price fall."
Key Quotes:
"Antipodean Inflation (NZ 19 Apr/Aust 22 Apr)".
"For NZ we expect Q1 CPI to fall via petrol prices, with the annual print falling from +0.8% to zero, a little below consensus."
"A shock for the markets and the RBNZ will be a tumble in domestic prices. For Australia we expect Q1 underlying inflation to remain at 2¼% Y/Y, as does consensus. Headline CPI will be near-flat due to the petrol price fall."