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New Zealand Inflation Rate YoY
Housing and Utilities are the most significant categories in the New Zealand consumer price index (24.2% of total weight). 18.8% goes to Food and Non-Alcoholic Beverages, 15% to Transporta, 9.4% to Recreation and Culture, 7.4% to Miscellaneous Goods and Services, 7% to Alcoholic Beverages and Tobacco. The remaining 18.2% of the total weight is composed of furniture, Household Goods, and Maintenance; Clothing and Footwear, Health, Communication, and Education.
A higher than expected figure should be seen as positive (bullish) for the NZD while a lower than expected figure should be seen as negative (bearish) for the NZD.
Forex Sentiment (NZD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| AUDNZD |
|
|
1.0844 -46 pips |
1.0911 -21 pips |
1.08900 | |
| EURNZD |
|
|
1.8905 -609 pips |
1.9479 +35 pips |
1.95142 | |
| NZDCAD |
|
|
0.8126 -95 pips |
0.8276 -55 pips |
0.82209 | |
| NZDJPY |
|
|
86.5133 -131 pips |
89.0038 -118 pips |
87.823 | |
| NZDUSD |
|
|
0.5902 -98 pips |
0.6070 -70 pips |
0.60000 | |
| GBPNZD |
|
|
2.2173 -456 pips |
2.1224 +1405 pips |
2.26290 | |
| NZDCHF |
|
|
0.4934 +164 pips |
0.5023 -253 pips |
0.47700 |
News (NZD)
New Zealand Holds Key Rate As Expected
The Reserve Bank of New Zealand left its benchmark interest rate unchanged on Wednesday citing elevated level of uncertainty and near-term risks to inflation. The Monetary Policy Committee, governed by Christian Hawkesby, decided to hold the Official Cash Rate at 3.25 percent. The bank has paused the easing cycle for the first time since it started cutting rates in August 2024.
RTTNews | 13h 31min ago
New Zealand Building Permits Jump 10%In May
The number of building permits issued in New Zealand was up a seasonally adjusted 10 percent on month in June, Statistics New Zealand said on Tuesday - coming in at 3,151.
RTTNews | 8 days ago
New Zealand GDP Expands 0.8% In Q1
New Zealand's gross domestic product expanded by a seasonally adjusted 0.8 percent on quarter in the first quarter of 2025, Statistics New Zealand said on Thursday.
RTTNews | 20 days ago
