NZ - Food price index for July: -0.2% m/m (prior 0.4% m/m)

And down 1.3% y/y

Earlier from NZ today:

• RBNZ's Wheeler: Did not seriously consider a 50bp cut (press conference comments)
• RBNZ showing how to fail at forward guidance
• New Zealand - RBNZ: CUT RATES by 25bp (the initial announcement)