Annual Inflation Nz 2024. Rent prices increased 4.5 percent in the 12 months to the december 2023 quarter, while construction and rates increased 3.6 percent and 9.8 percent, respectively. 3:00pm, 17 jul 2024 next update:
The annual rate of inflation has continued to fall with stats nz figures showing a 4% rise in the consumer price index (cpi) in 12 months to the march quarter. The graph above shows the annual inflation rates in new zealand for the previous 10 calendar years, from 2014.
The Numbers Were In Line With Economists' Expectations But Ahead Of The Reserve Bank's [Rbnz] Forecast Of A 0.4 Percent Quarterly Rise And An Annual Rate Of 3.8 Percent.
“price increases this quarter are the smallest since june 2021.
Analytical Inflation Measures Trimmed Mean.
Stats nz figures showed consumer prices rose 0.6 percent in the three months ended march, taking the annual rate down to 4.0 percent, the lowest since june 2021.
Annual Inflation Nz 2024 Images References :
In Other Words, The Purchasing Power Of $100 In 1926 Equals $5,917.72 In 2023.
The inflation calculator uses price data, mostly from stats nz, to calculate the change in purchasing power of an amount of money between any two points in time between 1862 and the latest available figure.
Tradeable Inflation Was 0.3 Percent In The 12 Months To The June 2024 Quarter (Compared With 1.6 Percent In The 12 Months To The March 2024 Quarter), Driven By Higher Prices For Petrol, Accommodation Services, And Grocery Food.
The ‘inflation %’ column indicates how much prices have changed since the previous year.