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.

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.

Graph and download economic data for Inflation, consumer prices for New Zealand (FPCPITOTLZGNZL) from 1960 to 2024 about New Zealand, consumer, CPI, inflation, price index, indexes, and price.

New Zealand: Inflation: percent change in the Consumer Price Index: The latest value from 2023 is 5.7 percent, a decline from 7.2 percent in 2022. In comparison, the world average is 9.9 percent, based on data from 160 countries. Historically, the average for New Zealand from 1960 to 2023 is 5.4 percent. The minimum value, -0.1 percent, was reached in 1999 while the maximum of 17.2 percent was recorded in 1980.

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.

Inflation, monthly percent change in the CPI in New Zealand, March, 2025 The most recent value is 0.93 percent as of Q1 2025, an increase compared to the previous value of 0.55 percent. Historically, the average for New Zealand from Q2 1960 to Q1 2025 is 1.31 percent. The minimum of -0.81 percent was recorded in Q4 1998, while the maximum of 8.91 percent was reached in Q4 1986. | TheGlobalEconomy.com

In April 2025, the food price index in New Zealand had risen by around *** percent in comparison to the same period of the previous year. The rising cost of food products contributed to the overall increasing cost of living in the country.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in New Zealand was 2.53 percent. That number was released in . It shows an increase from the inflation rate in the previous quarter when it stood at 2.22 percent. Compared to a year ago, we see a decrease from...

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.

New Zealand Inflation Expectation: 10 Years Ahead data was reported at 2.070 % in Mar 2025. This records a decrease from the previous number of 2.190 % for Dec 2024. New Zealand Inflation Expectation: 10 Years Ahead data is updated quarterly, averaging 2.090 % from Sep 2017 (Median) to Mar 2025, with 31 observations. The data reached an all-time high of 2.280 % in Dec 2023 and a record low of 1.960 % in Jun 2020. New Zealand Inflation Expectation: 10 Years Ahead data remains active status in CEIC and is reported by Reserve Bank of New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.I026: Inflation Expectation.

In the first quarter of 2025, the consumer price index (CPI) in New Zealand had decreased by *** percent in comparison to the same quarter of 2024. In the second quarter of 2022, the CPI in New Zealand experienced an increase of *** percent in comparison to the same period of 2021, which was the largest increase since the June quarter of 1990.

New Zealand NZ: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 3.416 % in 2017. This records an increase from the previous number of 3.175 % for 2016. New Zealand NZ: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 3.468 % from Dec 1971 (Median) to 2017, with 47 observations. The data reached an all-time high of 20.315 % in 1976 and a record low of -0.503 % in 2012. New Zealand NZ: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s New Zealand – Table NZ.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; Median;

Les attentes en matière d'inflation en Nouvelle-Zélande ont augmenté à 2,29 % au deuxième trimestre 2025, contre 2,06 % au premier trimestre 2025. Cette dataset fournit - Prévisions d'inflation des entreprises en Nouvelle-Zélande - valeurs réelles, données historiques, prévisions, graphique, statistiques, calendrier économique et actualités.

New Zealand: Inflation forecast: The latest value from 2030 is 2.02 percent, unchanged from 2.02 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for New Zealand from 1986 to 2030 is 3 percent. The minimum value, 0.08 percent, was reached in 2015 while the maximum of 18.37 percent was recorded in 1986.

In the first quarter of 2025, the producers price index for outputs in New Zealand had increased by *** percent in comparison to the fourth quarter of 2024. In the second half of 2020, inflation of the producers price index was close to zero percent.

New Zealand ANZ Forecast: Consumer Price Index (CPI): Tradable Inflation: YoY data was reported at 0.300 % in 2026. This records a decrease from the previous number of 0.700 % for 2025. New Zealand ANZ Forecast: Consumer Price Index (CPI): Tradable Inflation: YoY data is updated yearly, averaging 0.700 % from Dec 2018 (Median) to 2026, with 9 observations. The data reached an all-time high of 8.200 % in 2022 and a record low of -0.600 % in 2020. New Zealand ANZ Forecast: Consumer Price Index (CPI): Tradable Inflation: YoY data remains active status in CEIC and is reported by ANZ Bank New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.I003: Consumer Price Index: Forecast: ANZ Bank Ltd.

In the first quarter of 2025, the capital goods price index (CEP) in New Zealand had increased *** percent in comparison to the same quarter of 2024. The CEP measures price changes for physical capital assets that producers of goods and services purchase.

Cost of food in New Zealand increased 4.40 percent in May of 2025 over the same month in the previous year. This dataset provides - New Zealand Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for New Zealand (CPGRLE01NZA657N) from 1970 to 2022 about New Zealand, core, all items, CPI, inflation, price index, indexes, and price.

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for New Zealand (CPGRLE01NZQ657N) from Q2 1969 to Q3 2023 about New Zealand, core, all items, CPI, inflation, price index, indexes, and price.