At 00:45 (GMT+2), New Zealand’s consumer price index for Q2 will be released — the main indicator of inflation, reflecting changes in retail prices for a specific basket of goods and services (food, transportation, utilities, healthcare, etc.) and has a significant impact on monetary policy decisions. The indicator is expected to increase from 3.1% to 4.0% YoY and from 0.9% to 1.5% QoQ, which could provide support for the national currency.
