Consumer Price Index. New Zealand, 23:45 (GMT+2)

Consumer Price Index is due at 23:45 (GMT+2). The value is expected to increase to 1.7% YoY in Q3 2018 from 1.5% in the previous period. QoQ, the value is expected to rise to 0.7% in Q3 2018 from 0.4% in the previous period. The index shows the change in retail prices of a representative shopping basket of goods and services and is one of the main inflation indicators in the country. High values of the indicator facilitate the growth of NZD. Low values contribute to reducing the NZD rate.

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