RBNZ: New Zealand’s 2-year inflation expectations decreased to 2.09%

The Reserve Bank of New Zealand (RBNZ) is out with its quarterly survey of inflation expectations, showing that one-year-ahead inflation expectations have decreased to 1.77% from 1.92%. The median also decreased to 1.80% from 2.00%. The two-year-ahead expectations had a 0.08 percentage point decrease to 2.09% while the median decreased to 2.00% from 2.20%.