3 days Ago By Liam Dann
Consumers price index (CPI) inflation increased 2.5% in the 12 months to the March 2025 quarter, according to figures released by Stats NZ today. That follows a 2.
2% annual increase to the December 2024 quarter and is slightly higher than economist forecasts. It was up 0.9% for the first quarter of 2025.
“The annual inflation rate is within the Reserve Bank of New Zealand’s target band of 1 to 3% for the third consecutive quarter,” prices and deflators spokesperson Nicola Growden said. Between the June 2021 and June 2024 quarters, annual inflation was above the target band..
