
RBNZ Survey Reveals: Short-Term Inflation Expectations on the Decline!
RBNZ survey reveals moderating short-term inflation expectations What the survey says According to the RBNZ Business Expectations Survey for Q2, respondents have lowered their expectations for CPI inflation in both the short-term and medium-term, while their long-term CPI inflation expectations have remained stable. Specifically, one-year-ahead annual inflation expectations have notably decreased by 49 bps, moving…