New Zealand inflation data will be released on July 21st

ON 21 JULY 2026, NEW ZEALAND WILL RELEASE INFLATION DATA FOR THE SECOND QUARTER, WHICH IS EXPECTED TO BE AFFECTED BY THE GLOBAL OIL PRICE SHOCK, AND CPI DATA ARE LIKELY TO INCREASE SIGNIFICANTLY. GIVEN THE RECENT CONFLICT, IT WOULD BE DIFFICULT FOR MARKETS TO IGNORE THIS DATA. IF THE ACTUAL DATA EXCEED EXPECTATIONS, IT IS LIKELY TO DRIVE THE NEW ZEALAND DOLLAR UP. IN ADDITION, THE RESERVE BANK OF NEW ZEALAND WILL PUBLISH ITS SECTORAL FACTOR MODEL DATA FOR CORE INFLATION AT 3 P.M. NEW ZEALAND TIME (GMT 0300/ EASTERN UNITED STATES TIME 2300)。