Core consumer prices in New Zealand increased 3.20 percent in March of 2026 over the same month in the previous year. Core Inflation Rate in New Zealand averaged 2.53 percent from 2000 until 2026, reaching an all time high of 7.40 percent in the fourth quarter of 2022 and a record low of 0.50 percent in the fourth quarter of 2015. source: Statistics New Zealand
Core Inflation Rate in New Zealand is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Core Inflation Rate is projected to trend around 3.00 percent in 2027 and 2.30 percent in 2028, according to our econometric models.