What is it? It checks the change in the price of goods and services purchased by consumers.
Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
Usual Effect: If the number is higher than the forecast, you can expect the NZD to rise.
When? October 22nd at 5:45pm Eastern Time.
Trading Tip: This announcement can greatly affect the NZD, make sure to make your trades before.
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