The figures show the experience of a number of other OECD countries in reducing inflation from the high levels of the 1970s and 1980s to the low levels of the past couple of decades. All except the US and Japan have followed New Zealand in becoming inflation targeters.
That the determinants of growth are complex is illustrated by Australia, the UK and Sweden lowering their levels of inflation without much difference in growth, and US and Canada having lower growth in the low inflation period.