Forex Fundamentals
New Zealand Inflation Rate (CPI)

New Zealand Inflation Rate (CPI) 24 January 2018

New Zealand Inflation Rate (CPI) 24 January 2018: 1.6% for Q4 2017, below the 1.9% forecast and down from 1.9% in Q3 2017. It is the lowest reading since Q4 2016. 6 of the last 12 releases came in below the forecast. Printed 1.6%, inside the 1–3% target band. It was released on Wed 24 Jan 2018 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
1.6%
Q4 2017
Forecast
1.9%
The market consensus
Previous
1.9%
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) 24 January 2018: 1.6% for Q4 2017 against a 1.9% forecast, with the last 12 releases
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Cite this release

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

New Zealand Inflation Rate (CPI) 24 January 2018: 1.6% vs 1.9% forecast (Statistics New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-cpi/2018-01-24

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
24 Jan 2018Q41.6%1.9%1.9%
16 Oct 2017Q31.9%1.8%1.7%
17 Jul 2017Q21.7%1.9%2.2%
19 Apr 2017Q12.2%2%1.3%
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%
The release before:New Zealand Inflation Rate (CPI) 16 October 2017The release after:New Zealand Inflation Rate (CPI) 18 April 2018New Zealand Inflation Rate (CPI): every recent resultThis week’s economic calendar