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Dan Brunskill
Verified
Political and Economics Reporter, Interest.co.nz
New Zeal, Wellington
Beats
Leadership, Entrepreneurs, Entrepreneurship, Creative industries Media, Businesses Creativity, LGBTQ, Travel Hospitality, Automotive
software, consumer gadgets
Content
By Dan Brunskill Verified, Gareth Vaughan Verified, David Hargreaves Verified| Interest.co.nz Verified Annual inflation has landed in the Reserve Bank’s target band for a third consecutive quarter and most economists have stopped fretting about a possible bounceback. Stats NZ’s consumer price index data release on Thursday morning showed headline inflation rose 0.3 points to 2.5% in the March quarter, while some of the most watched core inflation measures dropped to 2.2%. The RBNZ’s own measure fell from 3.1% to 2.9%, back in the target range for the first time since the spike began.
By Dan Brunskill Verified, Gareth Vaughan Verified, David Hargreaves Verified| Interest.co.nz Verified Consumer prices rose 0.9% during the first three months of 2025, lifting the annual headline inflation rate to 2.5% as petrol and tertiary education prices rose. Stats NZ’s consumers price index for the March quarter showed inflation was still in the Reserve Bank’s target range but up 0.3 percentage points up from 2.2% in December 2024. The largest contributor to the annual rate was rental costs which rose 3.7% and contributed 14% of overall inflation.
By Dan Brunskill Verified, Gareth Vaughan Verified, David Hargreaves Verified| Interest.co.nz Verified Annual inflation has landed in the Reserve Bank’s target band for a third consecutive quarter and most economists have stopped fretting about a possible bounceback. Stats NZ’s consumer price index data release on Thursday morning showed headline inflation rose 0.3 points to 2.5% in the March quarter, while some of the most watched core inflation measures dropped to 2.2%. The RBNZ’s own measure fell from 3.1% to 2.9%, back in the target range for the first time since the spike began.
Company Info
Interest.co.nz
Financial news and information site for borrowers and savers in New Zealand
Auckland, Auckland, New Zealand
+64 22 399 7091
Founded: 1999