RBNZ's own inflation model comes in at 1.4% y/y (lower than the official CPI) - ConsultFX

RBNZ's own inflation model comes in at 1.4% y/y (lower than the official CPI)

Earlier today we got the New Zealand inflation data from the stats agency: New Zealand Q3 CPI 0.5% q/q (expected 0.4%) - (y/y was 1.9%) The Reserve Bank of New Zealand  'Sectoral factor model' of inflation has come in at 1.4% y/y. The sectoral core factor model of inflation is one of many series that the Reserve Bank uses Copyright 2015 Forexlive.com