New Zealand: Inflation, annual
* indicates monthly or quarterly data series
The most recent value is 4.06 percent as of Q2 2026, no change compared to the previous value of 4.06 percent. Historically, the average for New Zealand from 1961 to Q2 2026 is 5.42 percent. The minimum of -0.51 percent was recorded in 1999, while the maximum of 18.94 percent was reached in 1987.
Click on the following link to see the values of: Inflation, annual around the world.
Select indicator
Download data from our database
* indicates monthly or quarterly data series
- Measure: percent
- Source: Statistics New Zealand
| Recent values | New Zealand: Inflation, annual percent change in the CPI |
|---|---|
| 2026 Q2 | 4.06 |
| 2026 Q1 | 3.08 |
| 2026 | 3.08 |
| 2026 | 3.08 |
| 2026 | 4.06 |
| 2026 | 4.06 |
| 2025 Q4 | 3.11 |
| 2025 Q3 | 3.05 |
Download data from our database
Definition: Percent change in the CPI from the same month last year.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 2.8 | 2025 | percent |
| Exchange rate regimes | 7 | 2023 | index points |
| USD exchange rate | 1.7304 | 7/2026 | Local Currency Units per USD |
| Money supply (broad money) | 447.88 | 12/2025 | billion |
| Consumer Price Index (CPI) | 149.9671 | Q2/2026 | index points |
| Inflation, monthly | 0.00 | Q2/2026 | percent |
| Inflation, annual | 4.06 | Q2/2026 | percent |
| Private sector credit | 584.32 | 12/2025 | billion |
| Business credit | 291.83 | 12/2025 | billion |
| Household credit | 292.50 | 12/2025 | billion |
| Mortgage credit | 284.90 | 12/2025 | billion |
| Consumer credit | 7.59 | 12/2025 | billion |
| Deposit interest rate | 3.46 | 2/2026 | percent |
| Business credit interest rate | 4.98 | 12/2025 | percent |
| Mortgage credit interest rate | 5.55 | 2/2026 | percent |
| Policy rate | 2.25 | 6/2026 | percent |
| Household debt to GDP | 91.10 | 12/2025 | percent |
| Bank deposits, total | 442.01 | 5/2026 | billion local currency units |