Core consumer prices in New Zealand increased 1.50 percent in September of 2019 over the same month in the previous year. Core Inflation Rate in New Zealand averaged 2.28 percent from 1989 until 2019, 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. source: Statistics New Zealand
Core Inflation Rate in New Zealand is expected to be 1.50 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 1.90 in 12 months time. In the long-term, the New Zealand Core Inflation Rate is projected to trend around 2.00 percent in 2020, according to our econometric models.