Forex Trading - New Zealand Producer Prices Index
Written August 18, 2008 at 6:51 PM EST by Greg Michalowski
The New Zealand Producer Prices Index came in significantly higher than the prior quarters reading. Producer Prices Inputs were 5.6% vs. last quarters reading of 2.3% and the Outputs were also higher at 3.5% vs. 1.8%. This data suggests inflationary pressures; however the Kiwi has not received a bid on this report.
Categories: Forex Trading, Misc |
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