Annual Inflation Since 1990

The chart shows the annual change in the consumers price index. Figures are for June 1990-Dec 2023 quarters.

Annual inflation for Q4 2023 fell to 4.7%. The Reserve Bank of New Zealand's target rate for inflation, highlighted below, is between 1% and 3%.
4.7%
Chart: NZ HeraldSource: Stats NZGet the dataCreated with Datawrapper