New Zealand Q2 CPI
+0.4% q/q
– expected +0.5% q/q, prior was -0.3%
+0.3% y/y
– expected +0.3% y/y, prior was +0.1%
– The prices of tradable goods and services (which face foreign competition) decreased 2.0 percent in the year, with lower prices for petrol (down 7.4 percent) and for international airfares (down 6.3 percent).
NZD sold again: