New Zealand CPI measures how fast consumer prices are rising year-on-year, the key inflation gauge the Reserve Bank of New Zealand watches when setting interest rates.
Source: Statistics New Zealand. Figures as released; revisions appear in the next print.
Forecast: Trading Economics' forecast where available, otherwise the market consensus.
Calendar data: Trading Economics; official figures from the publishing agency.
New Zealand Inflation Rate (CPI) for Q3 2026 came in at 3.7% versus 3.7% expected (previous 4.1%), in line with forecast.
How this print reads for the New Zealand Dollar
In line with the 3.7% forecast. A reading above forecast is generally read as positive for the NZD, and below forecast as negative.
New to this release? See what New Zealand Inflation Rate (CPI) measures, the next release and its full history.