RBNZ Survey: NZ two-year inflation expectations cool down to 2.34% QoQ in Q3 2026
New Zealand's (NZ) inflation expectations ease on a two-year frame in the third quarter of 2026, the Reserve Bank of New Zealand’s (RBNZ) latest monetary conditions survey showed on Wednesday.
Two-year inflation expectations, seen as the time frame when RBNZ policy action will filter through to prices, cool down to 2.34% in Q3 2026 from 2.53% % seen in Q2.
One-year forward inflation projections arrive at 2.6%.
Market reaction
The New Zealand Dollar (NZD) has responded negatively to a slowdown in the NZ two-year frame Q3 inflation expectations. As of writing, NZD/USD trades 0.37% lower at around 0.58357.
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