New Zealand Food Inflation - Forecast

Food Inflation in New Zealand is expected to be 0.48 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in New Zealand to stand at 1.40 in 12 months time. In the long-term, the New Zealand Food Inflation is projected to trend around 2.22 percent in 2020, according to our econometric models.


New Zealand Food Inflation
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New Zealand Prices Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 1.1 1.9 1.7 2 1.8 2.2
Inflation Rate Mom 0.5 0.39 0.46 0.39 0.43 0.43
Consumer Price Index CPI 1011 1018 1022 1026 1029 1072
Core Consumer Prices 1012 1248 1258 1023 1026 1059
Core Inflation Rate 1.28 1.63 1.98 1.66 1.95 1.77
GDP Deflator 1190 1176 1176 1176 1176 1176
Producer Prices 1106 1119 1123 1132 1129 1130
Export Prices 1174 1156 1127 1147 1133 1139
Import Prices 802 825 838 849 855 880
Inflation Expectations 2.1 2.16 2.16 2.18 2.2 2.36
Cpi Housing Utilities 1022
CPI Transportation 1018 1018 1006 1040 1036 1087
Food Inflation 1.4 0.48 0.85 1.16 1.4 2.22