Analysts at ANZ point out that New Zealand’s June quarter inflation was stronger than they expected at both the headline level and in spirit, with measures of core inflation clearly ticking a little higher. Key Quotes “With that in mind, now is a useful time to revisit where we see inflation heading from here and the key judgements underpinning this view. We expect headline inflation to gradually pick up to 2% by Q2 2019. In light of the Q2 surprise, this is one quarter earlier than our previous forecasts.” “Underpinning this is an ongoing gradual acceleration in non-tradables inflation, and some near-term strength in tradables inflation. On balance, the risks to this outlook are skewed a little to the upside in the near term, but to the downside in the medium term, reflecting a deceleration in economic activity. This week is quiet on the data front, with just trade data and ANZ Consumer Confidence out.” 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 China Customs: China H1 total trade with N. Korea slumps 56% y/y in dollar terms FX Street 5 years Analysts at ANZ point out that New Zealand's June quarter inflation was stronger than they expected at both the headline level and in spirit, with measures of core inflation clearly ticking a little higher. Key Quotes "With that in mind, now is a useful time to revisit where we see inflation heading from here and the key judgements underpinning this view. We expect headline inflation to gradually pick up to 2% by Q2 2019. In light of the Q2 surprise, this is one quarter earlier than our previous forecasts." "Underpinning this is an ongoing gradual acceleration in non-tradables inflation, and… 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.
