New Zealand Core Inflation Rate - Forecast

Core Inflation Rate in New Zealand is expected to be 0.75 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 1.05 in 12 months time. In the long-term, the New Zealand Core Inflation Rate is projected to trend around 1.09 percent in 2020, according to our econometric models.


New Zealand Core Inflation Rate
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New Zealand Prices Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 1.5 2.2 2.2 1.8 1.4 2.2
Inflation Rate Mom 0.4 0.7 0.3 0.4 0.5 0.3
Consumer Price Index CPI 1015 1027 1028 1029 1029 1067
Core Consumer Prices 1015 1012 1016 1022 1026 1038
Core Inflation Rate 1.01 0.75 0.86 0.96 1.05 1.09
GDP Deflator 1181 1188 1184 1187 1186 1186
Producer Prices 1113 1123 1132 1129 1129 1130
Export Prices 1155 1118 1109 1103 1100 1104
Import Prices 799 815 824 831 839 874
Inflation Expectations 2 1.91 1.91 1.94 1.92 1.91
Cpi Housing Utilities 1031 1033 1038 1040 1045 1077
CPI Transportation 1020 1011 1042 1036 1034 1081
Food Inflation 0.2 0.13 0.1 1.5 1.2 1.2