NZD traders - RBNZ inflation data for Q2: 1.7% y/y (prior 1.7%)

RBNZ's own measure of inflation. Its worth being aware of because the release can be a mover of the NZD.

RBNZ's key measure of core inflation is 'the sectoral factor model': 1.7% for the latest, June quarter reading.

• The most recent prior reading was 1.7% y/y, for the March 2019 quarter.

Tradeable inflation in the sectoral factor model +0.7% y/y

• Non tradeables 2.7%

Earlier today

• NZD barely changed (up a few tics) in wake of the Q2 CPI data
• New Zealand CPI for Q2: 0.6% q/q (expected 0.6%)

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Still to come of relevance for the kiwi:

• NZD traders - heads up for the GDT dairy auction coming up Tuesday, London time
• NZD traders - heads up for the dairy auction due soon (London midday on Tuesday)