1-year RBNZ inflation expectation 2.39%
The one year RBNZ inflation expectation has been revised 0.02% higher from 2.37% while two year expectation remain the same. It echoes with RBNZ's previous statement that inflation will be higher in a short run and should not derail their easing plans.
NZD/USD is trading 0.11% lower at 0.5638.