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fxJul 20, 2026, 10:47 PM

New Zealand CPI rises 4.1% YoY in Q2, above 4.0% forecast

New Zealand's CPI inflation accelerated to 4.1% year-on-year in Q2 2026, surpassing the expected 4.0% and the previous quarter's 3.1%.

NZDUSD

New Zealand Consumer Price Index (CPI) - Q2 2026

Statistics New Zealand reported that the CPI rose 4.1% year-on-year in the second quarter, exceeding the market consensus of 4.0%. This marks an acceleration from the 3.1% increase recorded in Q1.

The data suggests persistent inflationary pressures in the New Zealand economy, which may influence the Reserve Bank of New Zealand's monetary policy stance.

Source: FXStreet Forex News