Core consumer prices in New Zealand increased 7.30 percent in March of 2023 over the same month in the previous year. source: Reserve Bank of New Zealand
Core Inflation Rate in New Zealand averaged 2.38 percent from 2000 until 2023, reaching an all time high of 7.40 percent in the fourth quarter of 2022 and a record low of 0.50 percent in the fourth quarter of 2015. This page provides - New Zealand Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Core Inflation Rate - values, historical data and charts - was last updated on May of 2023.
Core Inflation Rate in New Zealand is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Core Inflation Rate is projected to trend around 2.40 percent in 2024 and 1.80 percent in 2025, according to our econometric models.