Core consumer prices in New Zealand increased 1.40 percent in December of 2020 over the same month in the previous year. source: Statistics New Zealand

Core Inflation Rate in New Zealand averaged 2.26 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 February of 2021.

Core Inflation Rate in New Zealand is expected to be 1.10 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 1.30 in 12 months time. In the long-term, the New Zealand Core Inflation Rate is projected to trend around 1.60 percent in 2022, according to our econometric models.

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New Zealand Core Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.40 1.40 7.91 0.00 1989 - 2020 percent Quarterly
NSA

New Zealand Prices Last Previous Highest Lowest Unit
Inflation Rate 1.40 1.40 44.00 -15.30 percent [+]
Inflation Rate Mom 0.50 0.70 8.90 -4.10 percent [+]
Consumer Price Index CPI 1059.00 1054.00 1059.00 16.50 points [+]
Core Consumer Prices 1060.00 1054.00 1060.00 512.60 points [+]
Core Inflation Rate 1.40 1.40 7.91 0.00 percent [+]
GDP Deflator 1237.00 1239.00 1245.00 590.00 points [+]
Producer Prices 1161.00 1161.00 1168.00 165.78 points [+]
Export Prices 1190.00 1297.00 1297.00 85.30 points [+]
Import Prices 818.00 850.00 1128.00 70.43 points [+]
Inflation Expectations 1.89 1.90 8.30 1.24 percent [+]
Cpi Housing Utilities 1106.00 1101.00 1106.00 536.80 points [+]
CPI Transportation 1010.00 987.00 1099.90 743.20 points [+]
Food Inflation 2.10 2.90 25.20 -2.00 percent [+]


New Zealand Core Inflation Rate
In New Zealand, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes credit services.