Michael Gordon, Senior Economist at Westpac, expects a 0.7% rise in the Consumer Price Index (CPI) of New Zealand economy for the September quarter, taking annual inflation up to 1.7%. Key Quotes “Higher fuel prices account for much of the expected quarterly rise, and are likely to push annual inflation higher again in the near term.” “We also expect the lower exchange rate over the last year to have an impact on prices of imported goods.” “Inflation is shaping up to rise above the midpoint of the Reserve Bank’s target range, for at least a short period.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Ethereum price analysis: ETH/USD losing 9%, $200 under threat FX Street 4 years Michael Gordon, Senior Economist at Westpac, expects a 0.7% rise in the Consumer Price Index (CPI) of New Zealand economy for the September quarter, taking annual inflation up to 1.7%. Key Quotes "Higher fuel prices account for much of the expected quarterly rise, and are likely to push annual inflation higher again in the near term." "We also expect the lower exchange rate over the last year to have an impact on prices of imported goods." "Inflation is shaping up to rise above the midpoint of the Reserve Bank's target range, for at least a short period." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
