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RBNZ inflation measure for Q1 2023 5.7% y/y (vs. 5.8% previously) - NZD dips a little more

Eamonn Sheridan
20/04/2023 | 03:08 GMT

Reserve Bank of New Zealand's own inflation measure, its "Sectoral factor model".

I posted info on what this is here earlier:

  • There is more inflation data to come from New Zealand later - RBNZ's own preferred measure

Its come in a touch lower than in the previous quarter:

New Zealand inflation rbnz sector 20 April 2023

Earlier on today we had the CPI data for the same period from the Stats folks in New Zealand:

  • ForexLive Asia-Pacific FX news wrap: NZD marked lower after better CPI data

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