New Zealand Base Lending Rate  1988-2017 | Data | Chart | Calendar

Bank Lending Rate in New Zealand decreased to 9.21 percent in December from 9.25 percent in November of 2016. Bank Lending Rate in New Zealand averaged 10.58 percent from 1988 until 2016, reaching an all time high of 16.02 percent in July of 1988 and a record low of 7.50 percent in September of 1999.

New Zealand Base Lending Rate
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New Zealand Consumer Last Previous Highest Lowest Unit
Consumer Confidence 113.10 108.00 130.90 79.10 [+]
Retail Sales MoM 0.90 2.30 2.80 -3.60 percent [+]
Retail Sales YoY 5.10 6.00 10.80 -5.20 percent [+]
Consumer Spending 35218.00 34661.00 35218.00 15210.00 NZD Million [+]
Private Sector Credit 405832.00 404611.00 405832.00 10449.00 NZD Million [+]
Bank Lending Rate 9.21 9.25 16.02 7.50 percent [+]
Consumer Credit 245163.00 243624.00 245163.00 21498.00 NZD Million [+]
Households Debt To Income 165.00 162.90 165.00 56.20 percent [+]



New Zealand Base Lending Rate Notes

In New Zealand, the base lending rate is the average rate of interest charged on loans by commercial banks to new businesses. This page provides - New Zealand Base Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Base Lending Rate - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
9.21 9.25 16.02 7.50 1988 - 2016 percent Monthly



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