Current Inflation Rate 2024 Nz Today. The consumers price index (cpi) is a measure of inflation for new zealand households. When inflation is too high, we raise the cash rate so people spend less and save more.

 — the current inflation rate in new zealand is 3.33%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in 2024 q2. When inflation is too high, we raise the cash rate so people spend less and save more.