Financial News: New Zealand Annual Inflation Climbs 2.7% In Q2

New Zealand Annual Inflation Climbs 2.7% In Q2

07/20/2025 - 18:57:00 (RTTNews)

(RTTNews) - Consumer prices in New Zealand were up 2.7 percent on year in the second quarter of 2025, Statistics New Zealand said on Monday - up from 2.5 percent in the three months prior but shy of expectations for 2.8 percent.

Higher annual prices were recorded for local authority rates and payments; actual rentals for housing, up 3.2 percent; and electricity, up 8.4 percent.

On a seasonally adjusted quarterly basis, inflation rose 0.5 percent - again missing expectations for 0.6 percent and down from 0.09 percent in the previous quarter.

Higher quarterly prices were recorded for cultural services, up 9.5 percent; electricity, up 4.9 percent; and vegetables, up 10.0 percent.

These were partly offset by lower prices for: petrol, down 4.8 percent; and domestic accommodation services, down 9.2 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

New Zealand Annual Inflation Climbs 2.7% In Q2 (04 hr(s), 29 min(s), 36 sec(s) ago)
(RTTNews) - Consumer prices in New Zealand were up 2.7 percent on year in the second quarter of 20 ...Full Story»

New Zealand Inflation Data Due On Monday (05 hr(s), 24 min(s), 36 sec(s) ago)
(RTTNews) - New Zealand will on Monday release Q2 figures for consumer prices, highlighting a ligh ...Full Story»

U.S. Consumer Sentiment Reaches Five-Month High In July (12 hr(s), 44 min(s), 36 sec(s) ago)
(RTTNews) - After reporting a substantial rebound by U.S. consumer sentiment in the previous month ...Full Story»

U.S. Housing Starts Rebound More Than Expected In June (13 hr(s), 43 min(s), 36 sec(s) ago)
(RTTNews) - New residential construction in the U.S. rebounded by more than expected in the month ...Full Story»

U.S. Housing Starts Surge 4.6% In June, More Than Expected (14 hr(s), 49 min(s), 36 sec(s) ago)
(RTTNews) - New residential construction in the U.S. rebounded by more than expected in the month ...Full Story»

Italy Current Account Surplus Grows In May (16 hr(s), 52 min(s), 36 sec(s) ago)
(RTTNews) - Italy's current account surplus increased in May from the previous year, the Bank ...Full Story»

Eurozone Construction Output Falls 1.7% (17 hr(s), 13 min(s), 36 sec(s) ago)
(RTTNews) - Eurozone construction output declined at the fastest pace in nearly two-and-a-half yea ...Full Story»

Eurozone Current Account Surplus Surges (17 hr(s), 27 min(s), 36 sec(s) ago)
(RTTNews) - The euro area current account surplus increased sharply in May largely due to the rise ...Full Story»