RBNZ’s own inflation model, Q2 2026: 2.7% y/y, unchanged from Q1

Unchanged from Q1 takes some pressure out of the inflaiton readings today. 

• More detail: RBNZ’s sectoral factor model, its preferred underlying inflation measure.

Earlier:

• New Zealand’s Q2 CPI rose 4.1% y/y and 1.5% q/q, both above forecasts and the RBNZ’s own 3.9% estimate.

This article was written by Eamonn Sheridan at investinglive.com.