In the seventies and eighties New Zealand had witnessed high rates of inflation .
Inflation Rate YoY Inflation Rate YoY Prices slowed for housing & utilites (3.2 percent vs 3.3 percent in Q1); health (1.6 percent vs 1.7 percent); recreation & culture (1.2 percent vs 2.1 percent); and miscellaneous goods & services (2.6 percent vs 2.9 percent). On a quarterly basis, consumer prices rose 0.8 percent over the previous period, following a 0.5 percent increase in the prior quarter. This called for the adoption of Inflation Targeting. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Inflation Rate YoY Inflation Rate YoY The slowdown was mainly due to a fall in cost of transport. Prices slowed for housing & utilites (3.2 percent vs 3.3 percent in Q1); health (1.6 percent vs 1.7 percent); recreation & culture (1.2 percent vs 2.1 percent); and miscellaneous goods & services (2.6 percent vs 2.9 percent). Annual inflation rate in New Zealand increased to 1.9 percent in the last quarter of 2019 from 1.5 percent in the previous three months. The annual inflation rate in New Zealand decreased to 1.5 percent in the third quarter of 2019 from 1.7 percent in the previous period but above market expectations of a 1.4 percent gain. TEForecast Hopes for a speedy economic recovery continued to grow after the EU reached in July an agreement on a massive stimulus package. Looking forward, we estimate Inflation Expectations in New Zealand to stand at 1.50 in 12 months time. Prices in New Zealand rose by 1.62 percent in 2019. In New Zealand, the most important category in the consumer price index is Housing and Utilities (24.2 percent of total weight).
TRADING ECONOMICS. On a quarterly basis, consumer prices rose 0.5 percent over the previous period, below 0.7 percent in the September quarter. The slowdown was mainly due to a fall in cost of transport. (per 1000 people )(per one million people )(per 1000 people )(per 1000 people )(per 1000 people )(per one million people )(per 1000 people )(per 1000 people )Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data.
It is the highest inflation rate in one year, above market expectations of 1.8 percent. These MPs represent 64 general electorate seats and seven Māori electorates. Inflation Rate YoY Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Back MPs and Electorates. 3Y 10Y 25Y The slowdown was mainly due to a fall in cost of transport. Looking forward, we estimate GDP Deflator in New Zealand to stand at 1248.00 in 12 months time.
On a quarterly basis, consumer prices went up 0.7 percent, after rising 0.6 percent in the prior period, and higher than market forecasts of 0.6 percent. Public sector wages advanced 3.2 percent (vs 3.3 percent in Q4) and private sector wages increased 2.4 percent (the same as in Q4). On a quarterly basis, consumer prices rose 0.5 percent over the previous period, below 0.7 percent in the September quarter. Reference
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.
Food and Non-Alcoholic Beverages accounts for 18.8 percent; Transport for 15 percent; Recreation and Culture for 9.4 percent; Miscellaneous Goods and Services for 7.4 percent and Alcoholic beverages and Tobacco for 7 percent.
It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Looking forward, we estimate Imports in New Zealand to stand at 5150.00 in 12 months time. In New Zealand, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes credit services. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.