News: New Zealand inflation expectations for year ahead rise in Q4 - RBNZ survey

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    WELLINGTON, Nov 6 (Reuters) - New Zealand's inflation expectations for the next year rose in the fourth quarter, a central bank survey showed on Monday, however, the two-year outlook eased.

    The Reserve Bank of New Zealand's (RBNZ) quarterly survey of expectations showed business managers forecast annual inflation to average 1.87 percent over the coming year, from 1.77 percent in the previous survey.

    Two-year inflation expectations - seen as the timeframe in which RBNZ policy action will filter through to prices - fell to 2.02 percent from 2.09 percent.

 
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