WS News
22 Oct 2026, 14:03
New Zealand Inflation Cools More Than Expected in Q3
New Zealand inflation slowed in the third quarter, with consumer prices rising 0.7% quarter over quarter, below the 0.8% consensus estimate and sharply down from the previous 1.5% increase.
On a year-over-year basis, CPI eased to 3.7% from 4.1%, also slightly below the 3.8% forecast.
The softer readings point to a continued moderation in inflation pressures, with both quarterly and annual price growth coming in below expectations.
New Zealand inflation slowed in the third quarter, with consumer prices rising 0.7% quarter over quarter, below the 0.8% consensus estimate and sharply down from the previous 1.5% increase.
On a year-over-year basis, CPI eased to 3.7% from 4.1%, also slightly below the 3.8% forecast.
The softer readings point to a continued moderation in inflation pressures, with both quarterly and annual price growth coming in below expectations.