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NZ: Inflation up 2.7% in 12 months to June 2025, but quarter rise lower than expected
The consumer price index (CPI) increased 2.7% in the 12 months to the June 2025 quarter, according to figures released by Stats NZ today. The 2.7% increase follows a 2.5% annual increase in the 12 months to the March 2025 quarter. “Although the annual inflation rate increased from the March 2025 quarter, it remains within the Reserve Bank of New Zealand’s target band of 1 to 3% – the fourth consecutive quarter it has done so,” prices and deflators spokeswoman Nicola Growden said. Economists had forecast a rise of 2.8 or 2.9%. Lower petrol prices helped mitigate rises in other areas, such as food. “The data ... (full story)
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From stats.govt.nz|Jul 20, 2025The consumers price index (CPI) measures the rate of price change of goods and services purchased by New Zealand households. tables The following table shows the price changes ...
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