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The New Zealand Dollar May Correct Higher if US Inflation Data Deviates from Market Expectations
Last week was relatively quiet in
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Last week was relatively quiet in terms of New Zealand macroeconomic data. Following the Reserve Bank of New Zealand (RBNZ) meeting, no significant new information emerged, and market attention is now focused on the upcoming first-quarter GDP report.Overall, New Zealand's key economic indicators, such as retail sales and international trade, continue to show stability. However, first-quarter construction sector data released last week altered the overall picture. A significant 3.5% quarter-on-quarter decline in real construction activity came as a surprise and
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Kuvat Raharjo,
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