The inflation rate in New Caledonia was recorded at -0.70 percent in May of 2020.

Inflation Rate in New Caledonia averaged 1.44 percent from 1994 until 2020, reaching an all time high of 3.87 percent in July of 2006 and a record low of -0.70 percent in May of 2020. This page provides - New Caledonia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Caledonia Inflation Rate - values, historical data and charts - was last updated on July of 2020.

Inflation Rate in New Caledonia is expected to be -0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in New Caledonia to stand at 0.50 in 12 months time. In the long-term, the New Caledonia Inflation Rate is projected to trend around 1.10 percent in 2021 and 1.60 percent in 2022, according to our econometric models.

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New Caledonia Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-0.70 0.20 3.87 -0.70 1994 - 2020 percent Monthly
2010=100

New Caledonia Prices Last Previous Highest Lowest Unit
Inflation Rate -0.70 0.20 3.87 -0.70 percent [+]
Inflation Rate Mom -0.50 0.20 1.20 -0.80 percent [+]
Food Inflation 3.60 3.10 6.60 -5.10 percent [+]
Cpi Housing Utilities 114.35 114.36 114.96 97.97 points [+]
Cpi Transportation 101.88 104.83 108.25 97.75 points [+]
Consumer Price Index CPI 108.77 109.34 110.19 98.36 points [+]


New Caledonia Inflation Rate
In New Caledonia, the most important category in the consumer price index is Transport (21.2 percent of total weight). Food and Non-Alcoholic Beverages accounts for 19.9 percent; Housing and Utilities for 17.4 percent; Recreation and Culture for 9.6 percent; Furniture, Household Goods and Maintenance for 7.6 percent and Miscellaneous Goods and Services for 7.4 percent. Restaurants and Hotels; Alcoholic beverages and Tobacco; Communication; Clothing and Footwear; Health and Education account for the remaining 16.9 percent of total weight.