New Zealand: Inflation, annual
* indicates monthly or quarterly data series
The most recent value is 2.53 percent as of Q1 2025, an increase compared to the previous value of 2.22 percent. Historically, the average for New Zealand from Q1 1961 to Q1 2025 is 5.46 percent. The minimum of -0.51 percent was recorded in Q3 1999, while the maximum of 18.94 percent was reached in Q2 1987.
Click on the following link to see the values of: Inflation, annual around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Statistics New Zealand
| Recent values | New Zealand: Inflation, annual percent change in the CPI |
|---|---|
| 2025 Q1 | 2.53 |
| 2024 Q4 | 2.22 |
| 2024 Q3 | 2.15 |
| 2024 Q2 | 3.33 |
| 2024 Q1 | 4.02 |
| 2023 Q4 | 4.66 |
| 2023 Q3 | 5.65 |
| 2023 Q2 | 6.03 |
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Definition: Percent change in the CPI from the same month last year.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 5.7 | 2023 | percent |
| Exchange rate regimes | 7 | 2022 | index points |
| USD exchange rate | 1.6861 | 5/2025 | Local Currency Units per USD |
| Money supply (broad money) | 431.43 | 3/2025 | billion |
| Consumer Price Index (CPI) | 1,299.0000 | Q1/2025 | index points |
| Inflation, monthly | 0.93 | Q1/2025 | percent |
| Inflation, annual | 2.53 | Q1/2025 | percent |
| Private sector credit | 561.99 | 4/2025 | billion |
| Business credit | 279.66 | 4/2025 | billion |
| Household credit | 282.33 | 4/2025 | billion |
| Mortgage credit | 274.80 | 4/2025 | billion |
| Consumer credit | 7.53 | 4/2025 | billion |
| Deposit interest rate | 4.26 | 3/2025 | percent |
| Business credit interest rate | 6.63 | 2/2025 | percent |
| Mortgage credit interest rate | 6.12 | 3/2025 | percent |
| Policy rate | 3.50 | 4/2025 | percent |
| Household debt to GDP | 89.90 | 9/2024 | percent |