Inflation Rate in New Zealand increased to 2.50 percent in the first quarter of 2025 from 2.20 percent in the fourth quarter of 2024. This dataset provides - New Zealand Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in New Zealand increased 0.90 percent in March of 2025 over the previous month. This dataset provides - New Zealand Inflation Rate QoQ - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Prices in New Zealand rose by 1.72 percent in 2020. Central bankers at the Reserve Bank of New Zealand were surely relieved to see the rebound from the dangerously low .29 percent inflation in 2015.

What is inflation?

Inflation is the rise in price levels in an economy. 2 percent inflation means 100 New Zealand dollars will be worth 98 dollars in one year. While the precise inflation target varies, most economists agree that inflation between 2 to 3 percent is optimal for an economy. High inflation can lead to higher unemployment because firms would rather wait and higher workers at the same price using future dollars, making the labor relatively cheaper. However, it affects the trade balance because of the relatively higher purchasing power of foreign currencies.

Other risks of inflation and deflation

Inflation helps a country with higher national debt when the debt is in the local currency, because the country can repay with the future dollars which are relatively cheaper. Deflation, then, helps when debts are in a foreign currency. The main problem with deflation is that investors prefer to hold their money, waiting to invest until it is worth more. This is particularly true of countries like New Zealand, where the lion’s share of employment is in the services sector.

Core consumer prices in New Zealand increased 2.80 percent in March of 2025 over the same month in the previous year. This dataset provides - New Zealand Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In a survey conducted in New Zealand in June 2022, around ** percent of respondents who indicated feeling less wealthy than they did 12 months prior to the survey said it was due to the cost of living and inflation. Around ***** percent of respondents reported that their investments and shares had fallen.

Consumer Price Index CPI in New Zealand increased to 1299 points in the first quarter of 2025 from 1287 points in the fourth quarter of 2024. This dataset provides - New Zealand Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in New Zealand was last recorded at 3.25 percent. This dataset provides - New Zealand Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in New Zealand increased 2.50 percent in March of 2025 over the same month in the previous year. This dataset includes a chart with historical data for New Zealand Wage Growth.

The Gross Domestic Product per capita in New Zealand was last recorded at 41416.28 US dollars in 2024. The GDP per Capita in New Zealand is equivalent to 328 percent of the world's average. This dataset provides - New Zealand GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.