What is it? It checks the percentage that business managers expect the price of goods and services to change annually during the next 2 years.
Expectations of future inflation can manifest into real inflation, primarily because workers tend to push for higher wages when they believe prices will rise.
When? May 18th at 11:00pm Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the NZD to rise.
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