Consumer Price Index measures the pricing levels in goods and services. New Zealand inflation rate MoM is measured month-by-month by Statistics New Zealand. Inflation happens when prices rise, whereas purchasing value falls, put simpler, when too much money is chasing too few products.
New Zealand’s Inflation Rate
| New Zealand’s Inflation Rate fell flat on a quarterly basis for Q2 of 2017, compared to previous month’s value. Results were reported at 0.0%, tumbling from previous quarter’s value of 1.0%. Inflation Rate MoM in New Zealandpeaked at an all-time high point of8.91% in the fourth quarter of 1986and hit rock-bottom at-0.81% in the fourth quarter of 1998. |
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