New Zealand core inflation rate

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New Zealand core inflation rate: 2.8 (-24.32%)
Last Update: June 30, 2024

New Zealand core inflation rate closed down 2.8 as of June 30, 2024 from 3.7 from the previous month and 2.9 from last year.


New Zealand core inflation rate Analytics & Data




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New Zealand core inflation rate closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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New Zealand core inflation rate

DateValues
2024-06-30 2.8
2024-03-31 3.7
2023-12-31 4.4
2023-09-30 5.8
2023-06-30 7.1
2023-03-31 7.3
2022-12-31 7.4
2022-09-30 6.7
2022-06-30 6.2
2022-03-31 6
2021-12-31 5
2021-09-30 4.4
2021-06-30 2.9
2021-03-31 1.7
2020-12-31 2.1
2020-09-30 1.8
2020-06-30 1.6
2020-03-31 2.6
2019-12-31 2
2019-09-30 1.5
2019-06-30 1.7
2019-03-31 1.4
2018-12-31 1.9
2018-09-30 1.9

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New Zealand core inflation rate Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
core inflation ratenz.coreinflationrate2.83.7-24-3DownDown02024-06-30

New Zealand core inflation rate Factors

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New Zealand core inflation rate Historical Data

The MacroVar database offers free access to historical data for the New Zealand core inflation rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of New Zealand core inflation rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the New Zealand core inflation rate

The core inflation rate in New Zealand is a measure of the change in prices of goods and services, excluding volatile items such as food and energy. This indicator provides a more accurate reflection of long-term price trends and is closely monitored by policymakers at the Reserve Bank of New Zealand. A stable core inflation rate is generally seen as a sign of a healthy economy, while significant fluctuations can indicate potential inflationary pressures or economic instability. By analyzing the core inflation rate, policymakers can make informed decisions on monetary policy and adjust interest rates to maintain price stability and support sustainable economic growth.

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