New Zealand inflation rate
New Zealand inflation summary for December 2024
Updated: January 22, 2025
Next update: April 17, 2025
Current New Zealand inflation rate
December 2024
2.2%
The Consumer Price Index for New Zealand is 1287 for the month of December 2024. The inflation rate year over year is 2.2% (compared to 2.2% for the previous quarter). Inflation from September 2024 to December 2024 was 0.5%.
Previous New Zealand Inflation Rate
September 2024 to December 2024
0.5%
Quarter-to-Quarter New Zealand Inflation Rate
September 2024
2.2%
Recent inflation rates for New Zealand
| Year | mar | jun | sep | dec | Annual |
|---|---|---|---|---|---|
| 2024 | 4.0% | 3.3% | 2.2% | 2.2% | 2.9% |
| 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.