RBNZ Survey: NZ two-year household inflation expectations seen rising to 3.2%

New Zealand’s (NZ) two-year inflation expectations for household are seen rising to 3.2%, as against a 3.0% growth estimated before, the latest survery conducted by the Reserve Bank of New Zealand showed on Thursday.

The RBNZ closely watches the two-year inflation expectations, as the central bank considers this time horizon as key for the transmission of changes in monetary policy.