Here's our summary of key economic events overnight that affect New Zealand, with news all eyes are in the latest inflation updates. The American CPI inflation rate for August came in perhaps only slightly higher than expected. Stripping out the volatile food and energy items, 'core inflation' fell to a 4.3% annual rate, its lowest in two years. The Americans release their producer price inflation levels tomorrow and they are expected to be about half the consumer levels. The TWI-5 is +20 bps higher at 68.6.
