Forex Fundamentals
New Zealand Inflation Rate (CPI)

New Zealand Inflation Rate (CPI) 16 April 2019

New Zealand Inflation Rate (CPI) 16 April 2019: 1.5% for Q1 2019, below the 1.7% forecast and down from 1.9% in Q4 2018. It is the lowest reading since Q2 2018. 5 of the last 12 releases came in below the forecast. Printed 1.5%, inside the 1–3% target band. It was released on Tue 16 Apr 2019 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
1.5%
Q1 2019
Forecast
1.7%
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) 16 April 2019: 1.5% for Q1 2019 against a 1.7% 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) 16 April 2019: 1.5% vs 1.7% forecast (Statistics New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-cpi/2019-04-16

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
16 Apr 2019Q11.5%1.7%1.9%
22 Jan 2019Q41.9%1.8%1.9%
15 Oct 2018Q31.9%1.7%1.5%
16 Jul 2018Q21.5%1.6%1.1%
18 Apr 2018Q11.1%1.1%1.6%
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%
The release before:New Zealand Inflation Rate (CPI) 22 January 2019The release after:New Zealand Inflation Rate (CPI) 15 July 2019New Zealand Inflation Rate (CPI): every recent resultThis week’s economic calendar