New Zealand inflation rate
New Zealand inflation summary for December 2023
Updated: January 24, 2024
Next update: April 17, 2024
Current New Zealand inflation rate
December 2023
4.7%
The Consumer Price Index for New Zealand is 1259 for the month of December 2023. The inflation rate year over year is 4.7% (compared to 5.6% for the previous quarter). Inflation from September 2023 to December 2023 was 0.5%.
Previous New Zealand Inflation Rate
September 2023 to December 2023
0.5%
Quarter-to-Quarter New Zealand Inflation Rate
September 2023
5.6%
Recent inflation rates for New Zealand
Year | mar | jun | sep | dec | Annual |
---|---|---|---|---|---|
2023 | 6.7% | 6.0% | 5.6% | 4.7% | 5.7% |
2022 | 6.9% | 7.3% | 7.2% | 7.2% | 7.2% |
2021 | 1.5% | 3.3% | 4.9% | 5.9% | 3.9% |
2020 | 2.5% | 1.5% | 1.4% | 1.4% | 1.7% |
2019 | 1.5% | 1.7% | 1.5% | 1.9% | 1.6% |
Additional resources
All inflation rates are calculated using the New Zealand Consumer Price Index (CPI) series.