RBNZ's own inflation model, Q2 2026: 2.7% y/y, unchanged from Q1
Unchanged from Q1 takes some pressure out of the inflaiton readings today. More detail: RBNZ's sectoral factor model, its preferred underlying inflation measure. Earlier: New Zealand's Q2 CPI rose 4.1% y/y and 1.5% q/q, both abo ve forecasts and the RBNZ's own 3.9% estimate. This
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