New Zealand Q2 PPI inputs surge 2.9%, outputs 1.6%
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New Zealand PPI Inputs Jump to 2.9% QoQ, Doubling Prior Rate
New Zealand's Producer Price Index inputs rose 2.9% quarter-on-quarter, more than doubling the prior 1.4% reading and exceeding expectations. This signals elevated input cost pressures that could complicate RBNZ disinflation efforts and support NZD, though market focus remains on Fed dovishness and JPY intervention.
https://x.com/financialjuice/status/2089846160445886817New Zealand PPI outputs beat at 1.6% QoQ versus 0.8%
New Zealand's Producer Price Index (outputs) rose 1.6% QoQ, doubling the prior 0.8% print and exceeding expectations. This stronger-than-forecast inflation signal may pressure the RBNZ toward a tighter policy stance, supporting NZD/USD and cross pairs as investors reassess rate-cut timing.
https://x.com/financialjuice/status/2089846148861202464New to MyTradingLand?
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