Annual inflation lifted 2.5% in the first quarter

(Image: Getty)

Thu, 17 Apr 2025

Consumer price index inflation increased 2.5% in the 12 months to the March 2025 quarter, according to figures released by Stats New Zealand on Thursday.The consumer price index (CPI) rose 0.9% in the March 2025 quarter compared to the December 2024 quarter.Most economists and the central bank had forecast that annual inflation would be 2.4% in the first quarter. “The annual inflation rate is within the Reserve Bank of New Zealand’s target band of 1 to 3% for the third consecutive quarter,” prices and deflators spokespers...

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