New Zealand: Inflation, annual
* indicates monthly or quarterly data series
The most recent value is 2.15 percent as of Q3 2024, a decline compared to the previous value of 3.33 percent. Historically, the average for New Zealand from Q1 1961 to Q3 2024 is 5.49 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 |
|---|---|
| 2024 Q3 | 2.15 |
| 2024 Q2 | 3.33 |
| 2024 Q1 | 4.02 |
| 2023 Q4 | 4.66 |
| 2023 Q3 | 5.65 |
| 2023 Q2 | 6.03 |
| 2023 Q1 | 6.65 |
| 2022 Q4 | 7.22 |
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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 | 1.7426 | 12/2024 | Local Currency Units per USD |
| Money supply (broad money) | 417.10 | 9/2024 | billion |
| Consumer Price Index (CPI) | 1,280.0000 | Q3/2024 | index points |
| Inflation, monthly | 0.63 | Q3/2024 | percent |
| Inflation, annual | 2.15 | Q3/2024 | percent |
| Private sector credit | 551.54 | 9/2024 | billion |
| Business credit | 277.12 | 9/2024 | billion |
| Household credit | 274.42 | 9/2024 | billion |
| Mortgage credit | 266.85 | 9/2024 | billion |
| Consumer credit | 7.57 | 9/2024 | billion |
| Deposit interest rate | 5.16 | 11/2024 | percent |
| Business credit interest rate | 7.41 | 10/2024 | percent |
| Mortgage credit interest rate | 6.51 | 11/2024 | percent |
| Policy rate | 4.25 | 11/2024 | percent |
| Household debt to GDP | 91.00 | 6/2024 | percent |