Forex Fundamentals
New Zealand Inflation Rate (CPI)

New Zealand Inflation Rate (CPI) 25 January 2017

New Zealand Inflation Rate (CPI) 25 January 2017: 1.3% for Q4 2016, above the 1.2% forecast and against 0.4% in Q3 2016 (first reported as 0.2%). It is the highest of the last 9 releases. It is the second release in a row above the forecast. Printed 1.3%, inside the 1–3% target band. It was released on Wed 25 Jan 2017 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
1.3%
Q4 2016
Forecast
1.2%
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) 25 January 2017: 1.3% for Q4 2016 against a 1.2% forecast, with the last 9 releases
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Cite this release

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

New Zealand Inflation Rate (CPI) 25 January 2017: 1.3% vs 1.2% forecast (Statistics New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-cpi/2017-01-25

The last 9 releases · times in UTC
ReleasedForActualForecastPrevious
25 Jan 2017Q41.3%1.2%0.4%
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 October 2016The release after:New Zealand Inflation Rate (CPI) 19 April 2017New Zealand Inflation Rate (CPI): every recent resultThis week’s economic calendar