New Zealand skyline

New Zealand Inflation Q4 2018

New Zealand: Inflation ends year below-target

According to Statistics New Zealand, consumer prices rose 0.1% in Q4 over the previous quarter, decelerating from Q3’s 0.9% increase. The weaker print reflected a fall in the price for food, alcoholic beverages and tobacco, and household contents.

Inflation logged 1.9% in Q4, thus matching the third quarter’s print and remained marginally below the Central Bank’s 2.0% target. An analysis of subgroups shows that increased prices for food and health were offset by contractions in the price of clothing, communication and education. Additionally, a decline in fuel prices and a stronger New Zealand dollar at year-end also suppressed price pressures.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest