HomeLive CommentsRBNZ 2-yr inflation expectations rose to 3.62%

RBNZ 2-yr inflation expectations rose to 3.62%

ActionForex
By ActionForex

In RBNZ’s Survey of Expectations, businesses expect interest rate to rise 65bps to 4.15% a quarter ahead. In a year’s time, they saw interest rates rose further to 4.67%.

Mean one-year ahead GDP growth decreased from prior survey’s 1.49% to 1.27%. One year ahead inflation expectations rose from 4.86% in last quarter to 5.08%. Two year ahead inflation expectations rose sharply from 3.07% to 3.62%.

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