Forex Fundamentals
New Zealand Inflation Rate (CPI)

New Zealand Inflation Rate (CPI) 17 July 2016

New Zealand Inflation Rate (CPI) 17 July 2016: 0.4% for Q2 2016, below the 0.5% forecast and unchanged from 0.4% in Q1 2016. 5 of the last 7 releases came in below the forecast. Printed 0.4%, below the 1–3% target band. It was released on Sun 17 Jul 2016 at 22:45 UTC.

These figures were verified on 4 Oct 2026 from the source: Statistics New Zealand. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
0.4%
Q2 2016
Forecast
0.5%
The market consensus
Previous
0.4%
As the source gives it

What a print like this usually does

Below the forecast: A downside surprise usually weakens the NZD as markets bring forward or increase expected OCR cuts.

New Zealand Inflation Rate (CPI) 17 July 2016: 0.4% for Q2 2016 against a 0.5% forecast, with the last 7 releases
Sharing this? Please link to this page as the source.Download the chart

Cite this release

If you cite this release, please link to this page:

New Zealand Inflation Rate (CPI) 17 July 2016: 0.4% vs 0.5% forecast (Statistics New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-cpi/2016-07-17

The last 7 releases · times in UTC
ReleasedForActualForecastPrevious
17 Jul 2016Q20.4%0.5%0.4%
17 Apr 2016Q10.4%0.4%0.1%
19 Jan 2016Q40.1%0.4%0.4%
15 Oct 2015Q30.4%0.3%0.4%
15 Jul 2015Q20.3%0.4%0.1%
19 Apr 2015Q10.1%0.2%0.8%
20 Jan 2015Q40.8%0.9%1%
The release before:New Zealand Inflation Rate (CPI) 17 April 2016The release after:New Zealand Inflation Rate (CPI) 17 October 2016New Zealand Inflation Rate (CPI): every recent resultThis week’s economic calendar