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NZ Q1 CPI Release

NZ Q1 CPI Release

The NZ Consumer Price Index (CPI) for Q1 has just been released.

The CPI came in slightly ahead of expectations.

Headline Q1 CPI +0.5% / +1.1% Consensus +0.4% / +1.1%

There were no revisions to prior period numbers.

The NZD has edged higher in immediate response.

Current indicative levels are:

NZDUSD 0.7315 / 0.7345
NZDAUD 0.9390 / 0.9420
NZDEUR 0.5900 / 0.5930
NZDGBP 0.5140 / 0.5170
NZDJPY 78.30 / 78.70

ends

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