Home breadcru News breadcru Economics breadcru  | New Zealand's consumer price index surges 5.6% in September 2023

Prime Content | 
New Zealand's consumer price index surges 5.6% in September 2023

18 Oct '23
1 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • New Zealand's consumer price index (CPI) increased by *.*% year-on-year to September 2023, following a *% increase to June 2023.
  • The quarterly increase of *.*% was largely influenced by transport.
  • The country's non-tradeable and tradeable inflation rates were *.*% and *.*%, respectively, in September 2023.

The CPI witnessed a *.* per cent increase in the September **** quarter alone, significantly influenced by the transport sector.

The country’s non-tradeable inflation was *.* per cent for the ** months ending in September ****. On the other hand, tradeable inflation was at *.* per cent during the same period. The tradeable inflation rate was notably driven by specific categories of goods, as per Stats NZ.

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!