RBNZ measure of core inflation is 2.7% y/y (data delayed by tech gremlins)

Earlier post is here:

• The RBNZ's own core inflation data has been delayed due to technical difficulties

The data is now available:

Earlier in the session we had the official Stats NZ CPI data for Q3:

• New Zealand Q3 CPI 2.2% q/q (vs. expected 1.4% q/q)
• Surging NZ CPI will prompt an "even more aggressive hiking cycle" from the RBNZ

This core inflation data from the RBNZ is another indication of the direction of the CPI in NZ.