Power, rent, rates drives NZ inflation up

Inflation is up and GDP is down in New Zealand, presenting a tricky challenge for policymakers. (Ben McKay/AAP PHOTOS)

Headline inflation has risen for the third straight quarter in New Zealand, underlining the challenge for central bankers dealing with a "bogged down" economy.

Stats NZ confirmed on Monday the consumers price index (CPI) inflation rate lifted from 2.7 per cent to three per cent in the year to September 2025.