ACOPF - New Zealand: RBNZ Rate Decision Eyed As Inflation Expectations Sputter
Asia-Pacific: The Week Ahead (May 6-10)
Market participants in the week ahead will receive further insights into New Zealand’s economy, including updates on inflation measures, as well as a rate decision from its central bank.
The week gets underway Monday with a gauge of business expectations for second quarter of 2019 inflation, after sentiment in the first three months of the year cooled.
According to the Reserve Bank of New Zealand’s ((RBNZ)) most recent quarterly Survey of Expectations of businesses, inflation expectations for one year ahead diminished in Q1’19 to 1.82% from 2.09% in the