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New Zealand - Inflation

 
 Inflation Rate New Zealand % PA
 2010 - Q4  2011 - Q1  2011 - Q2  2011 - Q3
 Oct  Nov  Dec  Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sept
 
4.00 %
 
4.00 %
 
4.00 %
 
4.50%
 
4.50 %
 
4.50 %
 
5.30 %
 
5.30 %

5.30 %

4.60 %
 
4.60 %
 
4.60 %
 2011 - Q4 2012 - Q1 2012 - Q2 2012 - Q3
 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sept
 
1.80 %
 
1.80 %
 
1.80 %
 
1.60 %
 
1.60 %
 
1.60 %
 
1.00 %
 
1.00 %

1.00 %

0.80 %
 
0.80 %
 
0.80 %
 2012 - Q4 2013 - Q1 2013 - Q2 2013 - Q3
 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sept
 
0.90 %
 
0.90 %
 
0.90 %
 
0.90 %
 
0.90 %
 
0.90 %
 
0.70 %
 
0.70 %

0.70 %

- %
 
- %
 
- %


New Zealand Inflation rate is calculated Quarter-over-Quarter. New Zealand Inflation rate is posted Quarterly.


In the chart below you can see that $100 NZ  in year 1920 had the some Purchasing  Power  like $4,567 NZ  in 2010.

In simple words, whatever you could purchase with $100 NZ in year 1920, you have to spend $4,567 NZ in 2010 to purchase
more or less the some goods.





The Gold Standard was abandoned in 1971 and had huge impact on inflation resulting in losing the value of money faster. See chart above.

In 2010 the present value of $100 NZ in year 1920 is $4,567 NZ .

The average inflation rate in NewZealand over 1920-2010 period is 4.467% PA.

The average inflation rate in NewZealand over 1920-1971 period is 2.63% PA.This is the average inflation rate in NewZealand over Gold Standard period.

The average inflation rate in NewZealand over 1971-2010 period is 7.135% PA. This is the average inflation rate in NewZealand after Gold Standard period.

The Reserve Bank of New Zealand (RBNZ) inflation target is 1–3 % PA.