New Zealand Inflation Rate  1918-2016 | Data | Chart | Calendar | Forecast

Consumer prices in New Zealand rose 0.4 percent year-on-year in the June quarter of 2016, the same as in the previous period and lower than market expectations of a 0.5 percent increase. Prices went up for newly built houses, excluding land and rentals for housing while lower prices for transport made the main downward contribution. Inflation Rate in New Zealand averaged 4.75 percent from 1918 until 2016, reaching an all time high of 44 percent in the third quarter of 1918 and a record low of -15.30 percent in the first quarter of 1923. Inflation Rate in New Zealand is reported by the Statistics New Zealand.

New Zealand Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.40 44.00 -15.30 1918 - 2016 percent Quarterly
In New Zealand, the most important category in the consumer price index is Housing and Utilities (24.2 percent of total weight). Food and Non-Alcoholic Beverages accounts for 18.8 percent; Transport for 15 percent; Recreation and Culture for 9.4 percent; Miscellaneous Goods and Services for 7.4 percent and Alcoholic beverages and Tobacco for 7 percent. Furniture, Household Goods and Maintenance; Clothing and Footwear; Health; Communication and Education account for the remaining 18.2 percent of total weight. This page provides - New Zealand Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Inflation Rate - actual data, historical chart and calendar of releases - was last updated on September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-01-19 09:45 PM Q4 0.1% 0.4% 0.4% 0.44%
2016-04-17 10:45 PM Q1 0.4% 0.1% 0.4% 0.3%
2016-07-17 10:45 PM Q2 0.4% 0.4% 0.5% 0.3%
2016-10-17 09:45 PM Q3 0.4% 0.3%

New Zealand Inflation Rate Steady at 0.4% in Q2


Consumer prices in New Zealand rose 0.4 percent year-on-year in the June quarter of 2016, the same as in the previous period and lower than market expectations of a 0.5 percent increase. Prices went up for newly built houses, excluding land and rentals for housing while lower prices for transport made the main downward contribution.

Housing-related prices continued to be the main upward contributor, up 3.3 percent in the year. This increase was influenced by higher cost for newly built houses, excluding land (up 5.6 percent), and rentals for housing (up 2.3 percent).
 
In contrast, transport prices declined 5.3 percent as prices for petrol and domestic air fares fell.
 
On a monthly basis, consumer prices also rose 0.4 percent, following a 0.2 percent gain in the March 2016 quarter. Higher petrol and housing-related prices were countered by lower prices for meat and domestic air fares. Petrol prices showed the largest upward contribution, up 5.3 percent.

Statistics New Zealand | Joana Taborda | joana.taborda@tradingeconomics.com
7/18/2016 12:25:55 AM

New Zealand Prices Last Previous Highest Lowest Unit
Inflation Rate 0.40 0.40 44.00 -15.30 percent [+]
Inflation Rate Mom 0.40 0.20 8.91 -0.81 percent [+]
Consumer Price Index CPI 1205.00 1200.00 1205.00 34.30 Index Points [+]
Core Consumer Prices 1207.00 1201.00 1207.00 629.50 Index Points [+]
Core Inflation Rate 0.50 0.42 7.91 0.00 percent [+]
GDP Deflator 1130.00 1120.00 1130.00 588.00 Index Points [+]
Producer Prices 1034.00 1025.00 1077.00 165.78 Index Points [+]
Export Prices 1020.00 1040.00 1269.00 85.30 Index Points [+]
Import Prices 784.00 782.00 1128.00 70.43 Index Points [+]
Food Inflation 0.50 -1.30 10.81 -1.99 percent [+]
Cpi Transportation 1058.00 1048.00 1178.00 796.00 Index Points [+]




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Laos 1.97 Jul/16
Latvia 0.00 Aug/16
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Lesotho 7.50 Jun/16
Liberia 8.44 Jun/16
Libya 27.40 Jun/16
Liechtenstein -0.10 Aug/16
Lithuania 0.80 Aug/16
Luxembourg 0.16 Aug/16
Macau 1.65 Aug/16
Macedonia -0.30 Aug/16
Madagascar 6.70 Jul/16
Malawi 22.80 Aug/16
Malaysia 1.50 Aug/16
Maldives 0.10 Jul/16
Mali -3.70 Jul/16
Malta 1.00 Aug/16
Mauritania 1.60 Aug/16
Mauritius 0.90 Aug/16
Mexico 2.73 Aug/16
Moldova 3.60 Aug/16
Mongolia -0.20 Aug/16
Montenegro -0.50 Aug/16
Morocco 1.60 Aug/16
Mozambique 21.96 Aug/16
Myanmar 11.41 Dec/15
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Nepal 10.40 Jul/16
Netherlands 0.20 Aug/16
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Qatar 2.90 Aug/16
Republic of the Congo 3.70 Apr/15
Romania -0.20 Aug/16
Russia 6.90 Aug/16
Rwanda 7.50 Aug/16
Sao Tome and Principe 5.50 Jul/16
Saudi Arabia 3.30 Aug/16
Senegal 1.30 Aug/16
Serbia 1.20 Aug/16
Seychelles -1.60 Aug/16
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South Africa 5.90 Aug/16
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