Core consumer prices in New Zealand increased 2.60 percent in March of 2020 over the same month in the previous year.
Core Inflation Rate in New Zealand averaged 2.28 percent from 1989 until 2020, reaching an all time high of 7.91 percent in the second quarter of 1990 and a record low of 0 percent in the fourth quarter of 2015. This page provides - New Zealand Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Core Inflation Rate - values, historical data and charts - was last updated on July of 2020. source: Statistics New Zealand
Core Inflation Rate in New Zealand is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in New Zealand to stand at 1.10 in 12 months time. In the long-term, the New Zealand Core Inflation Rate is projected to trend around 1.30 percent in 2021 and 1.60 percent in 2022, according to our econometric models.