New Zealand data - Q2 PPI inputs +3.1% q/q & outputs +2.4% q/q

Both of these measures of wholesale price inflation have risen more than expected, and both have risen less quickly than in Q1.

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Ahead in New Zealand today, the session focus:

• RBNZ to hike its cash rate by 50bp today, Wednesday, 17 August 2022

• RBNZ to hike another 50bp with focus on MPS - Credit Agricole

• RBNZ RATE HIKE WATCH: NZDUSD corrects to the 200 hour MA. RBNZ rate decision tomorrow
• RBNZ rate hike coming on Wednesday - NZD impact & preview
• RBNZ shadow Board recommends a 50bp cash rate hike this week
• RBNZ meet next week - preview - "should be NZD-supportive"
• Analysts are unanimous that the RBNZ will hike cash rate by 50bp

And:

• RBNZ policy announcement 17 August 2022 - NZD/USD levels