Reserve Bank of New Zealand 'Sectoral factor model' of inflation
It's a touch lower than previous:
Earlier today we got the Q2 data from NZ for inflation:
- A flat inflation rate q/q for New Zealand - what it means for the RBNZ
- New Zealand inflation data for Q2: CPI 0.0% q/q (expected +0.2%)
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In addition to the Stats NZ inflation today (we got earlier), the sectoral core factor model of inflation is one of many series that the Reserve Bank uses to help interpret inflation developments.
The Bank uses these as measures of 'core' inflation.
