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 edge down in fourth quarter - RBNZ survey

FILE PHOTO: A security guard stands in the main entrance to the Reserve Bank of New Zealand located in central Wellington, New Zealand, July 3, 2017. REUTERS/David Gray

WELLINGTON (Reuters) - New Zealand's two-year inflation expectations eased off a touch in the fourth quarter, a survey showed on Wednesday.

The Reserve Bank of New Zealand's (RBNZ) quarterly survey of expectations showed business managers forecast of inflation in the next two years was a fraction lower at 2.03 percent from 2.04 percent the previous quarter.

Two years is seen as the time frame when any central bank monetary policy action will filter through to prices.

Inflation expectations for the coming year lifted to 2.09 percent from 1.86 percent the previous quarter.

(Reporting by Charlotte Greenfield and Praveen Menon in WELLINGTON; Editing by Shri Navaratnam)

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
Barry Keoghan: 'There’s a lot of hate online. It’s a lot of abuse of how I look'
Barry Keoghan has considered quitting acting due to abuse over his looks and says he finds it hard to deal with the comments.
BANG Premier
BANG Premier
Best thing I ever ate? My first In-N-Out burger in LA
Why the Double-Double is ‘the near perfect expression of burger-ness’
The Guardian - UK
The Guardian - UK
How AI English and human English differ – and how to decide when to use artificial language
Suspicion and affection. Apprehension and excitement. Most people have mixed feelings about AI English, whether or not they always recognize it. When reading text generated by AI, people feel it sounds off, or fake. When reading English by a human, people are more likely to feel it has a characteristic…
The Conversation
The Conversation
Delilah and Me
Back in 2002, I heard a great question, from Betchen and Paul Barber: Who cut off Samson's hair? Of course… The post Delilah and Me appeared first on Reason.com.
Reason
Reason
Why was Tim McGraw 'sobbing' in the street?
Tim McGraw started “sobbing” in the street in New York City when he found out he was being inducted into the Country Music Hall of Fame.
BANG Premier
BANG Premier
KATSEYE Manon Raises Concern as Fan Post Claims Her Social Media Activity May 'Hurt the Group'
Concerns grow over KATSEYE's Manon after a fan post claims her social media activity may impact the group's unity amid ongoing speculation.
International Business Times UK
International Business Times UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play