Annual Inflation Nz 2024. By satish ranchhod senior economist, westpac nz 10:27 september 12 2024. The annual inflation rate in new zealand eased to 4% in the march quarter of 2024, from 4.7% in the fourth quarter.
The likelihood of annual inflation moving below 3% in the september quarter appears to have been given a boost by the latest release of statistics nz’s selected price indexes (spi). The cpi is an annual measure that reflects changes in the price of goods and services.