Breaking News

New Zealand Consumer Price Index (CPI) YoY

Latest Release

Oct 19, 2025

Actual

3.0%

Forecast

3.0%

2.7%

The Consumer Price Index (CPI) measures the change in the prices of goods and services contained in a basket of consumer items. The Central bank pays very close attention to this figure in its role of maintaining price stability.

A reading that is stronger than forecast is generally supportive (bullish) for the NZD, while a weaker than forecast reading is generally negative (bearish) for the NZD.

Importance:

Country:

Currency: NZD

Source: Stats NZ

Release Date	Time	Actual	Forecast	Previous
Oct 19, 2025 (Q3)	21:45	3.0%	3.0%	2.7%
Jul 20, 2025 (Q2)	22:45	2.7%	2.8%	2.5%
Apr 16, 2025 (Q1)	22:45	2.5%	2.3%	2.2%
Jan 21, 2025 (Q4)	21:45	2.2%	2.1%	2.2%
Oct 15, 2024 (Q3)	21:45	2.2%	2.2%	3.3%
Jul 16, 2024 (Q2)	22:45	3.3%	3.5%	4.0%

News

RBNZ cuts interest rates by 50 bps as expected, sees scope for more cuts in 2025 By Investing.com - Feb 19, 2025

Investing.com-- The Reserve Bank of New Zealand cut interest rates by 50 basis points on Wednesday, as expected, citing declining inflation, and said that it has the scope to cut rates even further in...

New Zealand CPI eases more than expected in Q2, pushes RBNZ rate cut bets By Investing.com - Jul 17, 2024

Investing.com-- New Zealand consumer price index inflation eased more than expected in the second quarter, furthering bets that the economy was cooling at a pace that could invite interest rate cuts...

RBNZ keeps interest rates on hold as expected, sees progress in inflation By Investing.com - Jul 10, 2024

Investing.com-- The Reserve Bank of New Zealand kept interest rates unchanged as expected on Wednesday, but signaled significant progress towards bringing inflation back within its target range. The...

Analysis

NZD/USD Outlook: RBNZ Decision Could Be the Catalyst for Kiwi Breakout By David Scutt - Nov 26, 2025

Markets price 25bp cut; risk of 50bp not zero Updated OCR track and inflation forecasts critical NZD/USD forming bullish signals after prolonged downtrend AUD/NZD momentum fading, uptrend support...

UK Budget Takes Centre Stage This Week Amid Market Turmoil By Aaron Hill - Nov 24, 2025

It was another bruising week for risk amid a cocktail of concerns that sent investors running for the exit. Despite positive earnings from bellwether chipmaker Nvidia (NASDAQ:NVDA), optimism proved...

NZD/USD Outlook: New Zealand Dollar Tumbles as Job Market Deteriorates By David Scutt - Nov 05, 2025

The cracks in New Zealand’s economy are widening. Unemployment is surging, youth disengagement is accelerating, and the RBNZ looks set to slash rates again. NZD/USD has broken down hard, while...

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