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.

Inflation Expectations in New Zealand increased to 2.29 percent in the second quarter of 2025 from 2.06 percent in the first quarter of 2025. This dataset provides - New Zealand Business Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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...

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 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.

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.

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 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.

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 April 2025, the food price index in New Zealand had risen by around 2.1 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.

In the first quarter of 2025, the producers price index (PPI) for inputs in New Zealand had increased by *** percent in comparison to the first quarter of 2024. Between the second quarter of 2021 and 2022, the PPI in the country increased by almost ten percent.

New Zealand inflation rate for 2024 was 2.92%, a 2.81% decline from 2023.

<ul style='margin-top:20px;'>

<li>New Zealand inflation rate for 2023 was <strong>5.73%</strong>, a <strong>1.44% decline</strong> from 2022.</li>
<li>New Zealand inflation rate for 2022 was <strong>7.17%</strong>, a <strong>3.23% increase</strong> from 2021.</li>
<li>New Zealand inflation rate for 2021 was <strong>3.94%</strong>, a <strong>2.23% increase</strong> from 2020.</li>
</ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

New Zealand Inflation Expectation: 5 Years Ahead data was reported at 2.130 % in Mar 2025. This records a decrease from the previous number of 2.240 % for Dec 2024. New Zealand Inflation Expectation: 5 Years Ahead data is updated quarterly, averaging 2.110 % from Sep 2017 (Median) to Mar 2025, with 31 observations. The data reached an all-time high of 2.440 % in Dec 2022 and a record low of 1.800 % in Jun 2020. New Zealand Inflation Expectation: 5 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.

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 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.

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.

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.

Inflation, consumer prices (annual %) in New Zealand was reported at 2.9228 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. New Zealand - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

In the first quarter of 2025, the consumer price index (CPI) in New Zealand was **** points. This was an increase compared to the first quarter of 2024. The CPI has been rising overall during the observed period.