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Economics
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Inflation nudges higher amid global tariff uncertainty

Stats NZ data shows annual inflation rose to 2.5%, above 2.2% at the end of last year.

Economists are pondering the trade tariff impacts on inflation.

New Zealand’s annual inflation rate has risen to 2.5%, driven by higher rents, rates, and construction costs, according to fresh Statistics NZ data.

The annual increase was broadly in line with revised forecasts and a smidge above the RBNZ’s February Monetary Policy Statement. Inflation was

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Jonathan Mitchell Thu, 17 Apr 2025
Contact the Writer: jmitchell@nbr.co.nz
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Inflation nudges higher amid global tariff uncertainty
Economics,
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