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New Zealand Inflation Rate Mom

Last Release
Mar 31, 2025
Actual
0.9
Units In
%
Previous
0.5
Frequency
Quarterly
Next Release
Jul 20, 2025
Time to Release
3 Months 1 Days 13 Hours
Highest
Lowest
Average
Date Range
Source
8.9
Dec 1986
-4.1
Jun 1932
1.05 %1925-2025Statistics New Zealand
Inflation Rate MoM measures month over month change in the price of goods and services.

Latest Updates

The Consumer Price Index in New Zealand picked up to 0.9% in March quarter of 2025 over the previous quarter following a 0.5% increase in the three month to December 2024. It marked the highest reading since September 2023, compared to market estimates of 0.7% rise. The largest contributor to the quarterly rise was petrol prices, which climbed 4.6%, accounting for 17% of the overall 0.9% increase. Prices for tertiary and other post-school education surged 22.6% in the March 2025 quarter, contributing 11% to the total CPI rise. This jump follows the end of the first-year Fees Free program at the close of 2024, which was replaced by a final-year Fees Free scheme beginning on 1 January 2025. Students who previously claimed the first-year Fees Free benefit are not eligible for the final-year scheme, resulting in more students bearing the full cost of study in 2025. On an annual basis, consumer prices rose 2.5% in the March quarter, up from a 2.2% increase recorded in the previous period.

New Zealand Inflation Rate Mom History

Last 12 readings

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