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New Zealand Inflation Expectations
Last Release
Jan 31, 2025
Actual
2.06
Units In
%
Previous
2.12
Frequency
Quarterly
Next Release
May 16, 2025
Time to Release
2 Months 29 Days 5 Hours
Highest | Lowest | Average | Date Range | Source |
8.3 Sep 1987 | 1.24 Jun 2020 | 2.52 % | 1987-2025 | Reserve Bank of New Zealand |
In New Zealand, business inflation expectations refer to two-year inflation forecast. Two years is seen as the timeframe when any central bank monetary policy action will filter through to prices.
Latest Updates
The Reserve Bank of New Zealand's (RBNZ) quarterly survey of expectations showed that business managers forecast inflation at 2.06% for the next two years in Q1 2025, down from 2.12% in the previous quarter. Meanwhile, one-year inflation expectations rose to 2.15% from 2.05% in the prior three-month period. Longer-term expectations also declined, with five-year-ahead inflation expectations falling to 2.13% from 2.24% and 10-year-ahead expectations easing to 2.07% from 2.19%, according to the report.
New Zealand Inflation Expectations History
Last 12 readings
