Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Business

New Zealand two-year inflation expectations ease to 2.02 percent in first-quarter

FILE PHOTO: Shoppers walk in front of a retail shop displaying a sale sign in central Wellington, New Zealand, July 3, 2017. Picture taken July 3, 2017. REUTERS/David Gray

WELLINGTON (Reuters) - New Zealand's two-year inflation expectations eased slightly in the first quarter, a survey showed on Tuesday.

The Reserve Bank of New Zealand's quarterly survey of expectations showed business managers forecast of annual inflation in the next two years was 2.02 percent, slightly down from 2.03 percent in the previous quarter.

Inflation expectations for the coming year slowed to 1.82 percent from 2.09 percent in the previous quarter.

(Reporting by Praveen Menon; editing by XXXX)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.