Fx Primus Rebates

RBNZ core inflation gauge 1.7% y/y (prior 1.7%)

The RBNZ ‘Sectoral Factor Model Inflation Gauge’ is one of the bank’s preferred measures of core inflation Comes in at 1.7% y/y – vs. 1.7% in Q3 of 2018   NZD had rallied up to now on the headline CPI data out earlier. The ‘core’ inflation model from the central bank not showing higher though.…