Nouvelle-Zélande - Taux d'inflation

The annual inflation rate in New Zealand climbed to 1.7 percent in the second quarter of 2019 from 1.5 percent in the previous period, matching market expectations. Prices rose further mainly due to cost of petrol. On a quarterly basis, consumer prices went up 0.6 percent, after rising 0.1 percent in the previous quarter, also matching forecasts.

The annual inflation rate in New Zealand fell to 1.5 percent in the first quarter of 2019 from 1.9 percent in the previous period and below market expectations of 1.7 percent. The slowdown was mainly driven by a fall in cost of transport, communication and household contents and services. On a quarterly basis, consumer prices increased 0.1 percent, unchanged from the previous period and below forecasts of 0.3 percent.

Consumer prices in New Zealand increased 1.9 percent year-on-year in the fourth quarter of 2018, the same pace as in the previous quarter and slightly above market expectations of 1.8 percent. Inflation stood at its highest level in five quarters. Prices remained elevated for housing & utilities (3.1 percent, the same pace as in Q3) and inflation went up for the food group (0.6 percent vs 0.2 percent); health (1.6 percent vs 0.8 percent) and recreation & culture (2.1 percent vs 0.4 percent). Meanwhile, cost eased for transport (3.5 percent vs 5.6 percent). On a quarterly basis, prices edged up 0.1 percent, after a 0.9 percent gain in Q3 while markets had expected no change.