21 Apr 2022 RBNZ Q1 Sectoral Factor Model Inflation jumps by 4.2% YoY, Kiwi unfazed below 0.6800 The Reserve Bank of New Zealand (RBNZ) released its Sectoral Factor Model Inflation gauge for the first quarter of 2022. The gauge rose to 4.2% YoY in Q1 2022 vs. 1.8% seen in Q4 2021.