New Zealand inflation rate
New Zealand inflation summary for June 2023
Updated: July 19, 2023
Next update: October 17, 2023
Current New Zealand inflation rate
June 2023
6.0%
The Consumer Price Index for New Zealand is 1231 for the month of June 2023. The inflation rate year over year is 6.0% (compared to 6.7% for the previous quarter). Inflation from March 2023 to June 2023 was 1.1%.
Previous New Zealand Inflation Rate
March 2023 to June 2023
1.1%
Quarter-to-Quarter New Zealand Inflation Rate
March 2023
6.7%
Recent inflation rates for New Zealand
| Year | mar | jun | sep | dec | Annual |
|---|---|---|---|---|---|
| 2023 | 6.7% | 6.0% | |||
| 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.