New Zealand inflation rate
New Zealand inflation summary for September 2024
Updated: October 16, 2024
Next update: January 22, 2025
Current New Zealand inflation rate
September 2024
2.2%
The Consumer Price Index for New Zealand is 1280 for the month of September 2024. The inflation rate year over year is 2.2% (compared to 3.3% for the previous quarter). Inflation from June 2024 to September 2024 was 0.6%.
Previous New Zealand Inflation Rate
June 2024 to September 2024
0.6%
Quarter-to-Quarter New Zealand Inflation Rate
June 2024
3.3%
Recent inflation rates for New Zealand
| Year | mar | jun | sep | dec | Annual |
|---|---|---|---|---|---|
| 2024 | 4.0% | 3.3% | 2.2% | ||
| 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% |
Additional resources
All inflation rates are calculated using the New Zealand Consumer Price Index (CPI) series.