Import prices in New Zealand edged down 0.1 percent on quarter in the three months to June of 2020, after a 0.5 percent increase in the previous period and compared to market expectations of a 0.8 percent fall. The decline was mainly due to prices of petroleum & petroleum products (-35.3 percent vs 1.7 percent). In contrast, all other categories recorded increases, of which prices of textiles and clothing (7.9 percent vs -1.5 percent) and food and beverages (6.2 percent vs 1.1 percent).
Import Prices in New Zealand averaged 538.86 points from 1950 until 2020, reaching an all time high of 1128 points in the fourth quarter of 2000 and a record low of 70.43 points in the first quarter of 1950. This page provides - New Zealand Import Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Import Prices - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Statistics New Zealand
Import Prices in New Zealand is expected to be 851.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Import Prices in New Zealand to stand at 855.00 in 12 months time. In the long-term, the New Zealand Import Prices is projected to trend around 859.00 points in 2021 and 863.00 points in 2022, according to our econometric models.