New Zealand’s consumer prices increased by 1.0 percent quarter-on-quarter in the first quarter of 2017, up from 0.4 percent rise in the previous period. It was the highest rate since the second quarter of 2011. Prices of alcoholic beverages and tobacco rebounded 4.0 percent following a 0.3 percent decline in the previous quarter. The food group also rebounded 2.2 percent from 1.2 percent fall in December of 2016 quarter. Meanwhile, prices in the transport group grew at a softer pace of 0.8 percent (from 3.7 percent in the previous quarter). On an annual basis, consumer prices rose by 2.2 percent following a 1.3 percent increase in the previous quarter. Inflation Rate Mom in New Zealand averaged 1.35 percent from 1950 until 2017, reaching an all time high of 8.91 percent in the fourth quarter of 1986 and a record low of -0.81 percent in the fourth quarter of 1998. . This page provides – New Zealand Inflation Rate QoQ – actual values, historical data, forecast, chart, statistics, economic calendar and news.
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