Annual inflation up 2.7% in June year

Money is buying less. (Image: Getty)

Mon, 21 Jul 2025

Annual inflation increased 2.7% in the 12 months to the June quarter, according to figures released by Statistics New Zealand.The consumer price index (CPI) rose 0.5% in the June quarter compared to the March quarter. Most economists had forecast annual inflation would be 2.8% or 2.9%.The 2.7% follows a 2.5% annual increase in the 12 months to the March 2025 quarter.“Although the annual inflation rate increased from the March 2025 quarter, it remains within the Reserve Bank of New Zealand’s target band of 1 to 3%– the fo...

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