Wednesday, 17 July 2024, 1:56 pm Press Release: Stats NZ
New Zealand’s consumers price index increased 3.3
percent in the 12 months to the June 2024 quarter, according
to figures released by Stats NZ today.
The 3.3 percent
increase follows a 4.0 percent increase in the 12 months to
the March 2024 quarter.
“The 3.3 percent annual
price increase is below what was seen during the peak in
2022, and is similar to 3 years ago,” consumers prices
senior manager Nicola Growden said.
The Reserve Bank
of New Zealand’s target range for consumer inflation is
between 1 and 3
percent.
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