Published: 2025-10-20T04:54:43.000Z
NZD/USD flows: Q3 CPI Higher As Expected
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New Zealand Q3 CPI +1% q/q and +3% y/y
The Q3 New Zealand CPI has come in higher as expected at +3% y/y. The stronger CPI was previewed by the RBNZ in the last meeting, which they see only short term volatility. The RBNZ is still looking toward one more rate cut in 2025 and a 3% y/y may not be enough to stop but slow them.
NZD/USD is trading 0.23% higher at 0.5736.