Inflation Rate New Zealand 2024. 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. The report said new zealand's inflation will remain relatively high in 2024 due to an acceleration in rental prices driven by housing supply shortages.

The reserve bank of new zealand (rbnz) aims to achieve and maintain an inflation rate between 1% and 3% over the medium term, with a focus to keep it near the. 21 rows core consumer prices in new zealand increased 2.80 percent in june of 2024 over the same month in the previous year.