NZD/USD dribbling lower again after the RBNZ's own preferred inflation drops

<p>A significant drop for the Reserve Bank of New Zealand's own inflation measure:</p><ul><li><a href="https://www.forexlive.com/centralbank/rbnzs-own-inflation-measure-for-q3-2023-is-52-yy-vs-prior-57-20231017/" target="_blank" rel="follow" data-article-link="true">RBNZ's own inflation measure for Q3 2023 is +5.2% y/y (vs. prior +5.7%)</a></li></ul><p>NZD/USD fell after the official data earlier:</p><ul><li><a href="https://www.forexlive.com/news/new-zealand-q3-cpi-18-qq-2-expected-20231016/" target="_blank" rel="follow" data-article-link="true">New Zealand Q3 CPI +1.8% q/q (+2% expected)</a></li></ul><p>And it's a tic or two lower after the RBNZ model data,although the price update is threatening to make a liar out of me:</p>

This article was written by Eamonn Sheridan at www.forexlive.com.