New Zealand two-year inflation expectations 2.01 pc for Q2 - RBNZ

The Reserve Bank of New Zealand's quarterly survey of expectations showed business managers forecast annual inflation to average 1.97 percent over the coming year, a slight uptick from 1.82 percent in the previous survey.

But inflation expectations over the next two years - seen as the timeframe when RBNZ policy action filters through to prices - slipped from 2.02 percent in the previous quarter.