Monetary Policy Review and OCR
Monetary Policy Review announcement — including the official cash rate (OCR).
We enable economic wellbeing and prosperity for all New Zealanders.
On 22 February, the Monetary Policy Committee increased the OCR from 4.25% to 4.75%.
Consumers Price Index (CPI) inflation occurs when the prices of a range of goods and services rise on average.
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Monetary Policy Review announcement — including the official cash rate (OCR).