Scoop has an Ethical Paywall
XE Data Update - NZ 1Q Producer Price Index
The NZ 1Q Producers Price Index (PPI) for has just been released.
The PPI came in fell compared with the previous quarter.
NZ PPI 1Q (compared with 4Q):
PPI Inputs
-0.3% (4Q was +0.1%)
PPI Outputs
0.1% (4Q was +0.4%)
There were no consensus forecasts published for PPI
The NZD is marginally lower in immediate response.
Fonterra’s Global Dairy Trade auction takes place overnight. But for that, the Reserve Bank of Australia will release their Monetary Policy Meeting Minutes at 1:30pm today.
Current indicative levels are:
NZDUSD 0.6030 /
0.6055
NZDAUD 0.9250 /
0.9275
NZDEUR 0.5525 /
0.5550
NZDGBP 0.4940 /
0.4965
NZDJPY 64.70 /
64.95
Advertisement - scroll to continue reading
Bill Bennett: Fixed Voice Rules Head For Deregulation
UN Department of Global Communications: United Nations Proposes New Global Dashboard To Measure Progress Beyond GDP
Banking Ombudsman Scheme: Fraud Check Delays Well Worth The Inconvenience, Says Banking Ombudsman
Asia Pacific AML: NZ’s Financial Crime Gap - Beyond The 'Number 8 Wire' Mentality
Westpac New Zealand: Kiwi Households Adapting Despite Widespread Cost Pressure Concerns, Westpac Survey Shows
University of Auckland: Kids’ Screen Use Linked To Long-Term Deficits In Self-Control And Attention
