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.


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New Zealand Core Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.70 7.91 0.00 1989 - 2019 percent Quarterly
NSA


New Zealand Core Inflation Rate
In New Zealand, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes credit services.

New Zealand Prices Last Previous Highest Lowest Unit
Inflation Rate 1.50 1.70 44.00 -15.30 percent [+]
Inflation Rate Mom 0.70 0.60 8.90 -4.10 percent [+]
Consumer Price Index CPI 1039.00 1032.00 1039.00 16.50 points [+]
Core Consumer Prices 1039.00 1032.00 1039.00 512.60 points [+]
Core Inflation Rate 1.50 1.70 7.91 0.00 percent [+]
GDP Deflator 1220.00 1208.00 1220.00 590.00 points [+]
Producer Prices 1164.00 1154.00 1164.00 165.78 points [+]
Export Prices 1233.00 1210.00 1269.00 85.30 points [+]
Import Prices 843.00 843.00 1128.00 70.43 points [+]
Inflation Expectations 1.80 1.86 8.30 1.60 percent [+]
Cpi Housing Utilities 1073.00 1060.00 1073.00 536.80 points [+]
CPI Transportation 1028.00 1023.00 1099.90 743.20 points [+]
Food Inflation 2.40 2.40 25.20 -2.00 percent [+]