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Live Updates  >  Live Update Details

2026-07-17 08:10:12

[New Zealand's Q2 Inflation May Rise to 4.0%, Central Bank Worried About Cost Spread Risk] (1) New Zealand's Q2 inflation data is expected to make the Reserve Bank of New Zealand uneasy. (2) ANZ economist Miles Workman pointed out that the sharp rise in fuel prices is expected to push the overall inflation rate to 4.0% year-on-year, higher than 3.1% in Q1 and slightly higher than the central bank's previous forecast of 3.9%. (3) He added that what is really keeping the central bank up at night is not the direct impact of rising fuel prices on inflation, but the risk that this cost shock may spread to other components of the CPI.

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