Recent Releases

New Zealand Inflation Rate Slows To 1.7% In Q2
Consumer prices in New Zealand increased 1.7 percent year-on-year in the second quarter of 2017, below market expectations of 1.9 percent and down from 2.2 percent in the previous period which was the highest in five years. The inflation rate eased for the first time in six quarters mainly due to a softer increase in prices of housing, utilities and transport and a steeper decline in cost of communication.
Published on 2017-07-18

New Zealand Inflation Rate At Over 5-Year High Of 2.2%
New Zealand’s consumer prices increased by 2.2 percent year-on-year in the first quarter of 2017, up from a 1.3 percent gain in the previous period and above market expectations of 2 percent. It was the highest inflation rate since the third quarter of 2011, as prices for food and transport rose.
Published on 2017-04-19

New Zealand Inflation Rate Highest Since 2014
Consumer prices in New Zealand jumped 1.3 percent year-on-year in the fourth quarter of 2016, compared to an upwardly revised 0.4 percent rise in the previous period and above market expectations of 1.2 percent. It was the highest level since the third quarter of 2014 mainly due to higher prices of newly built houses, excluding land and rentals for housing.
Published on 2017-01-25

New Zealand Inflation Rate Eases to 0.2% in Q3
Consumer prices in New Zealand increased 0.2 percent year-on-year in the third quarter of 2016, easing from a 0.4 percent rise in each of the previous two quarters and above market estimates of 0.1 percent. Housing-related prices made the biggest upward contribution, partially offset by a fall in transport cost.
Published on 2016-10-17

New Zealand Inflation Rate Steady at 0.4% in Q2
Consumer prices in New Zealand rose 0.4 percent year-on-year in the June quarter of 2016, the same as in the previous period and lower than market expectations of a 0.5 percent increase. Prices went up for newly built houses, excluding land and rentals for housing while lower prices for transport made the main downward contribution.
Published on 2016-07-18

New Zealand Inflation Rate Matches Expectations
Consumer prices in New Zealand increased 0.4 percent year-on-year in the first three months of 2016, accelerating from a 0.1 percent rise in the previous quarter. Figures came in line with forecasts, due to higher housing cost.
Published on 2016-04-17

New Zealand Inflation Rate Lowest Since 1999
Consumer prices in New Zealand increased by 0.1 percent year-on-year in the fourth quarter of 2015, slowing from a 0.4 percent growth in the previous period and missing market expectations. It was the lowest level since the third quarter of 1999 mainly due to lower petrol prices.
Published on 2016-01-19

New Zealand Inflation Rate Steady at 0.4% in Q3
Consumer prices in New Zealand increased by 0.4 percent year-on-year in the third quarter of 2015, the same pace as in the previous period and above market expectations of 0.3 percent growth. The annual increase was influenced by higher housing-related cost, while lower petrol prices were the main downward contributor.
Published on 2015-10-15

New Zealand Inflation Rate Rises to 0.3% in Q2
Consumer prices in New Zealand increased 0.3 percent year-on-year in the second quarter of 2015, up from 0.1 percent in the previous period mostly due to rise in housing-related cost and cigarettes and tobacco.
Published on 2015-07-16

New Zealand Inflation Rate at 15-Year Low
Consumer prices in New Zealand increased 0.1 percent year-on-year in the first quarter of 2015, down from 0.8 percent in the previous period due to lower petrol cost. It is the smallest rate since the September 1999 quarter, when prices decreased 0.5 percent.
Published on 2015-04-20

New Zealand Annual Inflation Rate Declines to 0.8%
The CPI increased 0.8 percent in the year to the December 2014 quarter, compared to 1 percent rise in the previous three month period. This is the smallest annual rise since the June 2013 quarter.
Published on 2015-01-20

New Zealand Inflation Rate Decreases to 1% in Q3
The CPI increased 1.0 percent year-on-year in the third quarter of 2014, after rising 1.6 percent in the previous period. It is the lowest rate in five quarters due to a fall in transport and food prices.
Published on 2014-10-22

New Zealand Inflation Rate Rises to 1.6% in Q2
The CPI increased 1.6 percent in the second quarter of 2014, following a 1.5 percent rise in the previous period, mainly due to higher housing cost.
Published on 2014-07-16

New Zealand Inflation Rate Slows in Q1
The CPI increased 1.5 percent in the year to the March 2014 quarter, following a 1.6 percent increase in the year to the December 2013 quarter. About half of the annual increase came from housing and household utility prices, which increased 3.3 percent.
Published on 2014-04-15

New Zealand Inflation Rate Edges Up to 1.6% in Q4 2013
In the fourth quarter of 2013, New Zealand inflation rate accelerated to an annual 1.6 percent, the highest annual rise since the March 2012 quarter.
Published on 2014-01-20

New Zealand Inflation Rate Up to 1.4% In Q3
In the third quarter of 2013, New Zealand annual inflation rate accelerated to 1.4 percent, the highest rate in six quarters, due to higher cost of housing and household utilities.
Published on 2013-10-15

New Zealand Inflation Rate Down to 14-Year Low in Q2
In New Zealand, inflation rate increased 0.7 percent from the June 2012 quarter to the June 2013 quarter. The annual increase is the lowest since 1999, and the fourth annual increase in a row below 1 percent.
Published on 2013-07-16

New Zealand Annual Inflation Rate at 0.9% in Q1 2013
New Zealand's Consumer Price Index (CPI) increased an annual 0.9 percent in the first quarter of 2013, mainly due to higher prices for cigarettes and tobacco.
Published on 2013-04-17

New Zealand Inflation Accelerates Slightly in the Fourth Quarter
New Zealand's Consumer Price Index (CPI) increased an annual 0.9 percent in the fourth quarter of 2012.
Published on 2013-02-07

New Zealand Inflation Down to 0.8 percent in Q3
In New Zealand, the CPI increased 0.8 percent in the year to the September 2012 quarter, which is the smallest annual movement since a 0.5 percent increase in the year to the December 1999 quarter.
Published on 2012-10-16

New Zealand Inflation Down to 1.8% in Q4
In the year to the December 2011 quarter the CPI rose 1.8 percent. This compares with a 4.6 percent rise for the year to the September 2011 quarter. Unlike the previous four quarters, the latest annual increase does not include most of the effects of the GST increase that occurred in October 2010.
Published on 2012-01-19

New Zealand Aunnual Inflation Rate at 4.6% in Q3
In the year to the September 2011 quarter, the CPI rose 4.6 percent, including a 2.3 percent increase in the December 2010 quarter when GST rose from 12.5 to 15 percent. Key contributions to the rise came from transport (up 8.8 percent), food (up 6.2 percent), housing and household utilities (up 3.7 percent), and alcoholic beverages and tobacco (up 5.6 percent).
Published on 2011-10-25

New Zealand Inflation Rate Rises 5.3% in June 2011 Quarter
In the year to the June 2011 quarter, New Zealand CPI increased 5.3 percent, including a 2.3 percent increase in the December 2010 quarter when GST (Goods and services tax) rose from 12.5 to 15 percent.
Published on 2011-07-18

New Zealand Inflation Raises in March 2011 Quarter
In the year to the March 2011 quarter, New Zealand CPI increased 4.5 percent, reflecting higher prices for petrol, cigarettes, tobacco, and food.
Published on 2011-04-20

New Zealand Inflation Rises in Q4
New Zealand's CPI increased 4.0 percent in the year to the December 2010 quarter, following increases of 1.5 percent and 1.7 percent in the years to the September and June 2010 quarters, respectively.
Published on 2011-01-20

New Zealand Inflation Rises Less Than Expected
New Zealand inflation accelerated less than expected in the first quarter, suggesting there's less need for Reserve Bank Governor Alan Bollard to rush to raise interest rates this year.
Published on 2010-04-20

New Zealand’s Inflation Rate Accelerates to 1.3%
New Zealand inflation accelerated faster than economists forecast in the third quarter, adding to signs that central bank Governor Alan Bollard may have to raise interest rates earlier than he predicted last month.
Published on 2009-10-15

New Zealand Inflation Slows to 1.9%
New Zealand’s inflation rate slowed to the lowest level in seven quarters as a recession curbed consumer demand, prompting companies to cut prices.
Published on 2009-07-15

New Zealand Inflation Rate Slows to 3%
New Zealand inflation slowed in the year to March as the worst recession in more than three decades curbed consumer demand, adding to signs the central bank will cut interest rates again this month.
Published on 2009-04-19

New Zealand Inflation Falls in Q4
New Zealand consumer prices fell in the fourth quarter as fuel prices slumped, adding to signs the central bank will cut the benchmark interest rate to a record low next week.
Published on 2009-01-19

N.Z. Inflation Rate Accelerates
New Zealand's annual inflation rate accelerated to the fastest pace in more than 18 years in September, fanned by fuel and food costs that have hastened the nation's slide into a recession.
Published on 2008-10-21

New Zealand Inflation Accelerates to 18-Year-High
New Zealand's consumer prices rose at the fastest pace in 18 years in the second quarter, fanned by fuel and food costs, adding to signs the economy is facing stagflation as it slips into recession.
Published on 2008-07-14

New Zealand Inflation Accelerates
New Zealand's annual inflation rate accelerated in the first quarter because of higher fuel and food prices, adding to signs central bank Governor Alan Bollard may delay an interest-rate cut until 2009.
Published on 2008-04-14

New Zealand's Inflation Rises in Q4
NZ inflation rate accelerated more than expected in Q4, breaching the top of the central bank's target band and adding to signs Governor Alan Bollard may delay an interest-rate cut.
Published on 2008-01-16

N.Z. Inflation Slows in Q3
New Zealand's inflation rate slowed more than the central bank predicted in the third quarter, adding to signs that Governor Alan Bollard can avoid raising interest rates for the fifth time this year.
Published on 2007-10-14

New Zealand CPI rises 1% in June quarter
The Consumers Price Index (CPI) rose 1.0 percent in the June 2007 quarter. The CPI increased 2.0 percent from the June 2006 quarter to the June 2007 quarter.
Published on 2007-07-17