The inflation rate in New Zealand climbed 1.8 percent over the previous quarter in the first three months of 2022, accelerating from a 1.4 percent gain in the prior period, but below forecasts of 2 percent. Main upward pressure came from the housing and household utilities group, influenced by rising prices for construction and rentals for housing. source: Statistics New Zealand
Inflation Rate Mom in New Zealand averaged 1.05 percent from 1925 until 2022, reaching an all time high of 8.90 percent in the fourth quarter of 1986 and a record low of -4.10 percent in the second quarter of 1932. This page provides - New Zealand Inflation Rate QoQ - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Inflation Rate QoQ - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Inflation Rate Mom in New Zealand is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Inflation Rate QoQ is projected to trend around 0.50 percent in 2023 and 0.40 percent in 2024, according to our econometric models.