Forex Fundamentals
New Zealand Inflation Rate (CPI)

New Zealand Inflation Rate (CPI) 17 October 2016

New Zealand Inflation Rate (CPI) 17 October 2016: 0.2% for Q3 2016, above the 0.1% forecast and down from 0.4% in Q2 2016. It is the lowest reading since Q4 2015. 2 of the last 8 releases came in above the forecast. Printed 0.2%, below the 1–3% target band. It was released on Mon 17 Oct 2016 at 21:45 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
0.2%
Q3 2016
Forecast
0.1%
The market consensus
Previous
0.4%
As the source gives it

What a print like this usually does

Above the forecast: An upside surprise usually strengthens the NZD, potentially sharply, as traders expect the RBNZ to keep rates restrictive for longer.

New Zealand Inflation Rate (CPI) 17 October 2016: 0.2% for Q3 2016 against a 0.1% forecast, with the last 8 releases
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Cite this release

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

New Zealand Inflation Rate (CPI) 17 October 2016: 0.2% vs 0.1% forecast (Statistics New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-cpi/2016-10-17

The last 8 releases · times in UTC
ReleasedForActualForecastPrevious
17 Oct 2016Q30.2%0.1%0.4%
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 July 2016The release after:New Zealand Inflation Rate (CPI) 25 January 2017New Zealand Inflation Rate (CPI): every recent resultThis week’s economic calendar