Abhijit Surya of KITU Macro said in his comments that New Zealand's basic inflation, which is still under control, has given the Bank of New Zealand some breathing room. The senior economist in the Asia-Pacific region said that data released earlier showed that “the increase in price pressure in the last quarter was not particularly widespread, and core inflation indicators are still performing well.” Overall, the inflation data “will not give the Bank of New Zealand a sense of urgency to raise interest rates continuously as expected by the financial market,” Surya said. The basic assumption of KITU Macro is still that the Bank of New Zealand will not raise interest rates until October. Furthermore, KITU Macro still believes that the Bank of New Zealand's austerity cycle will be relatively moderate, and the official overnight loan rate will peak at 3.25% in mid-2027.

Abhijit Surya of KITU Macro said in his comments that New Zealand's basic inflation, which is still under control, has given the Bank of New Zealand some breathing room. The senior economist in the Asia-Pacific region said that data released earlier showed that “the increase in price pressure in the last quarter was not particularly widespread, and core inflation indicators are still performing well.” Overall, the inflation data “will not give the Bank of New Zealand a sense of urgency to raise interest rates continuously as expected by the financial market,” Surya said. The basic assumption of KITU Macro is still that the Bank of New Zealand will not raise interest rates until October. Furthermore, KITU Macro still believes that the Bank of New Zealand's austerity cycle will be relatively moderate, and the official overnight loan rate will peak at 3.25% in mid-2027.