RBNZ Sectoral Factor Inflation Holds at 2.7% in Q2 2026

The Reserve Bank of New Zealand (RBNZ) reported that its Sectoral Factor Model inflation gauge held steady at 2.7% year-on-year in Q2 2026, unchanged from the prior quarter.

The release follows the official Consumer Price Index (CPI) data published by Statistics New Zealand. The Sectoral Factor Model provides a supplementary measure of underlying inflation trends, stripping out volatile components.

With inflation remaining at the same level, expectations for RBNZ monetary policy adjustments may remain subdued in the near term.