The Reserve Bank of New Zealand's (RBNZ) quarterly survey of expectations showed business managers forecast of inflation in the next two years was 2.01 percent in the June quarter of 2019, little-changed from 2.02 percent in the previous period. Meanwhile, inflation expectations for the coming year increased to 1.97 percent from 1.82 percent in the previous quarter. Inflation Expectations in New Zealand averaged 2.55 percent from 1987 until 2019, reaching an all time high of 8.30 percent in the third quarter of 1987 and a record low of 1.60 percent in the second quarter of 1994.

New Zealand Business 2-Year Inflation Expectations
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-08 03:00 AM Business Inflation Expectations 2.04% 2% 1.91%
2018-11-07 02:00 AM Business Inflation Expectations 2.03% 2.04% 2.08%
2019-02-12 02:00 AM Business Inflation Expectations 2.02% 2.03% 2%
2019-05-07 03:00 AM Business Inflation Expectations 2.01% 2.02% 2%
2019-08-08 03:00 AM Business Inflation Expectations 2.01% 2%
2019-11-07 02:00 AM Business Inflation Expectations 2%


New Zealand Prices Last Previous Highest Lowest Unit
Inflation Rate 1.50 1.90 44.00 -15.30 percent [+]
Inflation Rate Mom 0.10 0.10 8.90 -4.10 percent [+]
Consumer Price Index CPI 1026.00 1025.00 1026.00 16.50 Index Points [+]
Core Consumer Prices 1026.00 1025.00 1026.00 512.60 Index Points [+]
Core Inflation Rate 1.40 1.90 7.91 0.00 percent [+]
GDP Deflator 1189.00 1192.00 1192.00 589.00 Index Points [+]
Producer Prices 1148.00 1158.00 1158.00 165.78 Index Points [+]
Export Prices 1204.00 1225.00 1269.00 85.30 Index Points [+]
Import Prices 858.00 847.00 1128.00 70.43 Index Points [+]
Inflation Expectations 2.01 2.02 8.30 1.60 percent [+]
Cpi Housing Utilities 1053.00 1047.00 1053.00 536.80 Index Points [+]
CPI Transportation 1017.00 1056.00 1099.90 743.20 Index Points [+]
Food Inflation 1.00 1.20 25.20 -2.00 percent [+]


New Zealand Business 2-Year Inflation Expectations

In New Zealand, business inflation expectations refer to two-year inflation forecast. Two years is seen as the timeframe when any central bank monetary policy action will filter through to prices. This page provides - New Zealand Business Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Business 2-Year Inflation Expectations - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.01 2.02 8.30 1.60 1987 - 2019 percent Quarterly
NSA




Country Last Previous
Argentina 30.00 May/19
Australia 3.30 May/19
India 8.10 Mar/19
Mexico 3.98 Apr/19
South Africa 5.17 Mar/19
South Korea 2.10 Apr/19
Switzerland 0.78 Dec/18
United Kingdom 2.60 May/19
United States 2.60 Apr/19


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