New Zealand Food Price Index (May) +0.7% m/m (prior -0.1%)

NZD is lower following the poor showing from the PMi earlier - a big drop but still managing to scrape into expansion territory.

• New Zealand Manufacturing PMI (May): 50.2 (prior 53.0)

Also, earlier on the NZD:

• For NZD traders - next week's big events a risk for higher