New Zealand's Consumer Price Index (CPI) growth was measured at 1.9 % YoY in Dec 2019, compared with a rate of 1.5 % in the previous quarter. At the same time, the narrow 0 to 2 percent inflation target range—interpreted as applying to the annual inflation rate at all times—motivated a focus on likely The graph below gives a brief history of inflation in New Zealand. Inflation Chart. Back to top. How do you measure inflation? The CPI is the most commonly used The Reserve Bank of New Zealand Act 1989 (RBNZ Act) came into effect in Annual consumer price index (CPI) inflation had been around 10 to 15 per cent In practice, this meant that interest rates were generally adjusted more slowly. 16 Oct 2019 Statistics NZ said the consumer price index rose 0.7 per cent in the September quarter, taking the annual inflation rate to 1.5 per cent. Airfares 18 Mar 2019 Source: Statistics NZ, NZIER. -2. -1. 0. 1 Annual GDP growth is expected to peak at 2.9 Annual inflation remained steady at 1.9 percent for.
Inflation Rate data for New Zealand is available from 2000 onward. Year over Year compares the growth rate of the CPI from one period to the same period a year earlier. See New Zealand Historical Consumer Price Index (CPI).
18 Jul 2017 Historically housing prices in New Zealand have risen a little faster the average house price rise was 1.4% p.a. above the rate of inflation. 25 Nov 2015 This week's chart looks at decadal rather than annual inflation. With Statistics New Zealand last year celebrating the centenary of the Consumers Inflation Rate data for New Zealand is available from 2000 onward. Year over Year compares the growth rate of the CPI from one period to the same period a year earlier. See New Zealand Historical Consumer Price Index (CPI). Annual inflation rate in New Zealand increased to 1.9 percent in the last quarter of 2019 from 1.5 percent in the previous three months. It is the highest inflation rate in one year, above market expectations of 1.8 percent. Since 2000, New Zealand CPI (Consumers Price Index) inflation has averaged around 2.15 percent. This compares with averages of 2.4 percent in the 1990s, and averages of over 11 percent for the previous two decades. Since September 2002, the inflation target has been to keep inflation within a range of 1–3 percent on average over the medium term.
A selection of historical information about consumer prices has been made available in digital format. The information dates back to as early as 1911 and covers topics such as the cost of living and a history of New Zealand’s Consumers Price Index.
16 Oct 2018 The annual inflation rate rose to a 12 month high of 1.9 percent. "Petrol prices increased 19 percent in the September 2018 year," Stats NZ 5 Feb 2020 Note that a history of these rates, starting with the 30 September 2010 The Treasury Excel models also require a long-term salary inflation
