New Zealand Food prices for March: +1.0% m/m (prior -0.5%)

We have had two pieces of data from NZ this morning now, this:

New Zealand - Food prices for March: +1.0% m/m

• prior -0.5%
• For the y/y, up 1.4%

and earlier:

• NZ data - March Services PMI expands at its quickest in more than year

While the PSI passed with barely an NZD ripple, the food price release is of a little more interest. NZD not doing much on it either, though:

ps. This from earlier today also, ICYMI:

• Trade recommendation (Barclays): Long GBP/NZD (entry, target and stop-loss levels)