Suzi Aveline

Current Inflation Rate 2024 Nz. Low, stable inflation is the best contribution we can make as a central bank to ensure economic wellbeing and prosperity for all new zealanders. Inflation rate in new zealand is expected to be 2.90 percent by the end of this quarter, according to trading economics global macro models and analysts expectations.

The current inflation rate in new zealand is 3.33%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in 2024 q2. When inflation is too high, we raise the cash rate so people spend less and save more.