New Zealand inflation rate (CPI YoY)

New Zealand · Consumers price index · NSA

3.7%
3Q 2026 · prior 4.1%

New Zealand inflation rate (CPI YoY): 3.7% in 3Q 2026, down from 4.1% in 2Q 2026.

Below expectations (~3.8% expected). Reported by econotimes.com, babypips.com.

Next release: 26 Jan 2027.

About this series

The consumer price index measures what households pay for a basket of goods and services. This series shows the change from a year earlier.

Recent readings

PeriodFirst printLatestChange
3Q 20263.7%3.7%−0.3
2Q 2026—4.1%+1.0
1Q 2026—3.1%0
4Q 2025—3.1%+0.1
3Q 2025—3.0%+0.4
2Q 2025—2.7%+0.1
1Q 2025—2.5%+0.3
4Q 2024—2.2%+0.1
3Q 2024—2.2%−1.2
2Q 2024—3.3%−0.7
1Q 2024—4.0%−0.6
4Q 2023—4.7%−1.0

Source: Stats NZ (CC BY 4.0)