New Zealand Food Inflation  Forecast


Food Inflation in New Zealand is expected to be 2.90 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 2.68 in 12 months time. In the long-term, the New Zealand Food Inflation is projected to trend around 2.49 percent in 2020, according to our econometric models.


New Zealand Food Inflation
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New Zealand Prices Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 1.9 2.2 2.1 1.9 2.6 2.2
Inflation Rate Mom 0.5 0.48 0.63 0.63 0.7 1
Consumer Price Index CPI 1226 1233 1235 1237 1239 1245
Core Consumer Prices 1228 1236 1238 1240 1243 1251
Core Inflation Rate 1.74 2.27 2.31 2.43 2.51 2.45
GDP Deflator 1155 1162 1159 1160 1160 1154
Producer Prices 1083 1097 1102 1106 1108 1111
Export Prices 1139 1124 1113 1106 1102 1068
Import Prices 793 795 796 796 796 791
CPI Transportation 1071 1067 1065 1063 1061 1046
Food Inflation 3 2.9 2.81 2.73 2.68 2.49
Inflation Expectations 2.1 2.04 2.12 2.17 2.18 2.48