New Zealand skyline

New Zealand Inflation Q2 2018

New Zealand: Inflation picks up in Q2

Consumer prices rose 0.4% in Q2 over the previous quarter according to Statistics New Zealand, slightly below Q1’s 0.5% rise. The reading largely reflected higher prices for housing and household utilities and food, more than offsetting lower prices for communication and recreation and culture.

Inflation rose from 1.1% in Q1 to 1.5% in Q2 and moved closer to the midpoint of the Central Bank’s 1.0%–3.0% target range. The climb was mainly a result of higher prices for housing and household utilities, which increased 3.1% year-on-year, and alcoholic beverages and tobacco.

New Zealand Inflation Forecast

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