RBNZ inflation expectations: 1-year 2.39% (prior 2.37%) & 2-year 2.28% (prior 2.28% also)

  • A slight nudge higher for the one year won't bother the Reserve Bank of New Zealand at all
rbnz inflation expectations December 2025 2

RBNZ inflation expectations: 1-year 2.39% (prior 2.37%) and 2-year 2.28% (prior 2.28% also)

The Bank focus on the 2-year number, as that's the time horizon monetary policy transmission is expected to impact.

Regardless, both results are well within the target band. There is nothing here to divert the RBNZ form its easing path to support the NZ economy.

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