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NZ Inflation Slows, Paving the Way for Rate Cuts

Jan 23, 2025

New Zealand’s Consumers’ Price Index (CPI) rose by 2.2% in the year to the December quarter, mirroring the September quarter's annual increase, according to Stats NZ. Quarterly inflation stood at 0.5%. Economists believe this data supports the likelihood of a significant rate cut by the Reserve Bank of New Zealand (RBNZ) in February, though the pace of easing is expected to slow. KiwiBank economists noted growing confidence that inflation is under control, signaling a more stable economic outlook.

 

 

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