Inflation Rate in New Zealand increased to 2.70 percent in the second quarter of 2025 from 2.50 percent in the first quarter of 2025. This dataset provides - New Zealand Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

New Zealand RBNZ Forecast: Consumer Price Index (CPI): YoY: Quarterly data was reported at 2.000 % in Mar 2028. This stayed constant from the previous number of 2.000 % for Dec 2027. New Zealand RBNZ Forecast: Consumer Price Index (CPI): YoY: Quarterly data is updated quarterly, averaging 2.000 % from Sep 2009 (Median) to Mar 2028, with 75 observations. The data reached an all-time high of 7.500 % in Dec 2022 and a record low of 0.000 % in Mar 2015. New Zealand RBNZ Forecast: Consumer Price Index (CPI): YoY: Quarterly 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.I006: Consumer Price Index: Forecast: Reserve Bank of New Zealand.

Consumer Price Index CPI in New Zealand increased to 1306 points in the second quarter of 2025 from 1299 points in the first quarter of 2025. This dataset provides - New Zealand Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

CPI Housing Utilities in New Zealand increased to 1427 points in the second quarter of 2025 from 1415 points in the first quarter of 2025. This dataset provides - New Zealand CPI Housing & Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about New Zealand Core CPI Change

• New Zealand Core CPI Change was reported at 2.713 % in Dec 2024.
• This records an increase from the previous number of 2.566 % for Sep 2024.
• New Zealand Core CPI Change data is updated quarterly, averaging 2.185 % from Jun 2000 to Dec 2024, with 99 observations.
• The data reached an all-time high of 7.502 % in Mar 2023 and a record low of 0.521 % in Sep 2012.
• New Zealand Core CPI Change data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Core CPI: Y-o-Y Growth: Quarterly.

CEIC calculates quarterly Core Consumer Price Index Growth from quarterly Core Consumer Price Index. Stats NZ provides Core Consumer Price Index Growth with base June 2017=1000. Core Consumer Price Index excludes Food, Household Energy and Vehicle Fuels.

Consumer price index (2010 = 100) in New Zealand was reported at 141 in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. New Zealand - Consumer price index (2010 = 100) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

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.

New Zealand Consumer Price Index (CPI): Health: ME: Pharmaceutical data was reported at 1,007.000 Jun2017=1000 in Mar 2025. This stayed constant from the previous number of 1,007.000 Jun2017=1000 for Dec 2024. New Zealand Consumer Price Index (CPI): Health: ME: Pharmaceutical data is updated quarterly, averaging 972.500 Jun2017=1000 from Jun 1999 (Median) to Mar 2025, with 104 observations. The data reached an all-time high of 1,066.000 Jun2017=1000 in Sep 2024 and a record low of 821.573 Jun2017=1000 in Mar 2008. New Zealand Consumer Price Index (CPI): Health: ME: Pharmaceutical data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.I002: Consumer Price Index: Jun2017=1000.

The transportation sub-index of the CPI basket in New Zealand decreased to 1251 points in the second quarter of 2025 from 1264 points in the first quarter of 2025. This dataset provides - New Zealand Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

New Zealand Consumer Price Index (CPI): Transport: PT: Petrol: YoY data was reported at -2.800 % in Mar 2025. This records an increase from the previous number of -9.200 % for Dec 2024. New Zealand Consumer Price Index (CPI): Transport: PT: Petrol: YoY data is updated quarterly, averaging 2.100 % from Mar 1988 (Median) to Mar 2025, with 149 observations. The data reached an all-time high of 32.500 % in Jun 2022 and a record low of -19.000 % in Sep 2009. New Zealand Consumer Price Index (CPI): Transport: PT: Petrol: YoY data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.I002: Consumer Price Index: Jun2017=1000.

The Consumer Price Index in New Zealand increased 0.50 percent in June 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.

New Zealand Consumer Price Index (CPI): Wellington data was reported at 1,282.000 Jun2017=1000 in Mar 2025. This records an increase from the previous number of 1,272.000 Jun2017=1000 for Dec 2024. New Zealand Consumer Price Index (CPI): Wellington data is updated quarterly, averaging 982.730 Jun2017=1000 from Jun 2006 (Median) to Mar 2025, with 76 observations. The data reached an all-time high of 1,282.000 Jun2017=1000 in Mar 2025 and a record low of 822.368 Jun2017=1000 in Jun 2006. New Zealand Consumer Price Index (CPI): Wellington data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.I009: Consumer Price Index: Jun2017=1000: by Region.

Core consumer prices in New Zealand increased 3.20 percent in June 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.

Key information about New Zealand CPI: Food and Non Alcoholic Beverage Change

• New Zealand CPI: Food and Non Alcoholic Beverage Change was reported at 2.257 % in Jan 2025.
• This records an increase from the previous number of 1.496 % for Dec 2024.
• New Zealand CPI: Food and Non Alcoholic Beverage Change data is updated monthly, averaging 3.555 % from Jan 1961 to Jan 2025, with 769 observations.
• The data reached an all-time high of 25.198 % in Mar 1980 and a record low of -1.987 % in Jun 2010.
• New Zealand CPI: Food and Non Alcoholic Beverage Change data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: CPI: Food and Non Alcoholic Beverage: Y-o-Y Growth: Monthly.

CEIC calculates Consumer Food Price Index Growth from monthly Consumer Food Price Index. Stats NZ provides Consumer Food Price Index with base June 2017=1000. Consumer Food Price Index includes Eating Out.

New Zealand Consumer Price Index (CPI): RC: Newspapers, Books & Stationery: Newspapers & Magazines data was reported at 1,526.000 Jun2017=1000 in Mar 2025. This records a decrease from the previous number of 1,540.000 Jun2017=1000 for Dec 2024. New Zealand Consumer Price Index (CPI): RC: Newspapers, Books & Stationery: Newspapers & Magazines data is updated quarterly, averaging 783.573 Jun2017=1000 from Jun 1999 (Median) to Mar 2025, with 104 observations. The data reached an all-time high of 1,540.000 Jun2017=1000 in Dec 2024 and a record low of 474.703 Jun2017=1000 in Jun 1999. New Zealand Consumer Price Index (CPI): RC: Newspapers, Books & Stationery: Newspapers & Magazines data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.I002: Consumer Price Index: Jun2017=1000.

Core Consumer Prices in New Zealand increased to 1304 points in the second quarter of 2025 from 1295 points in the first quarter of 2025. This dataset provides - New Zealand Core Consumer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

New Zealand Consumer Price Index (CPI): Health: Out Patient Services: Paramedical data was reported at 1,302.000 Jun2017=1000 in Mar 2025. This stayed constant from the previous number of 1,302.000 Jun2017=1000 for Dec 2024. New Zealand Consumer Price Index (CPI): Health: Out Patient Services: Paramedical data is updated quarterly, averaging 888.763 Jun2017=1000 from Jun 1999 (Median) to Mar 2025, with 104 observations. The data reached an all-time high of 1,302.000 Jun2017=1000 in Mar 2025 and a record low of 513.575 Jun2017=1000 in Mar 2000. New Zealand Consumer Price Index (CPI): Health: Out Patient Services: Paramedical data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.I002: Consumer Price Index: Jun2017=1000.

Cost of food in New Zealand increased 4.60 percent in June 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.

New Zealand Consumer Price Index (CPI): Transport: PV: New Motor Cars data was reported at 989.000 Jun2017=1000 in Mar 2025. This records an increase from the previous number of 986.000 Jun2017=1000 for Dec 2024. New Zealand Consumer Price Index (CPI): Transport: PV: New Motor Cars data is updated quarterly, averaging 1,107.221 Jun2017=1000 from Mar 1981 (Median) to Mar 2025, with 177 observations. The data reached an all-time high of 1,380.708 Jun2017=1000 in Jun 1987 and a record low of 589.514 Jun2017=1000 in Mar 1981. New Zealand Consumer Price Index (CPI): Transport: PV: New Motor Cars data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.I002: Consumer Price Index: Jun2017=1000.