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  1. Main
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  3. Inflation Rate YoY
  4. New Zealand

New Zealand Inflation Data: Rate, CPI, Food, Harmonised

New Zealand Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 1231 index points 2Q/23
Food Inflation 8.9 % Aug/23
Inflation Rate YoY 6 % 2Q/23
Inflation Rate Mom 1.1 % 2Q/23
Core Consumer Prices 1229 Index Points 2Q/23
Core Inflation Rate 7.1 % 2Q/23
CPI Housing Utilities 1314 Index Points 2Q/23
CPI Transportation 1219 Index Points 2Q/23
Inflation Expectations 2.83 % 3Q/23


Latest data on Consumer Price Index (CPI) (index points)

Consumer Price Index (CPI) New Zealand - Historical Data (index points)

What is CPI Index in New Zealand?

  • Consumer Price Index in New Zealand increased to 1231 index points in the second quarter of 2023. The maximum level was 1082 index points and minimum was 16.5 index points.
  • Data published Quarterly by Statistics.

Historical Data (index points) by years

Data
Period
Date
1231 2Q/23 19.07.2023
1218 1Q/23 22.04.2023
1203 4Q/22 24.01.2023
1186 3Q/22 22.10.2022
1161 2Q/22 18.07.2022
1142 1Q/22 21.04.2022
1122 4Q/21 29.01.2022
1106 3Q/21 17.10.2021


Historical Chart by prime ministers (index points)

Inflation Rate YoY John Key
Inflation Rate YoY Helen Clark
Inflation Rate YoY Jennifer Shipley
Inflation Rate YoY James Bolger

Consumer Price Index (CPI) in New Zealand by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
John Key 19.11.2008 - 12.12.2016 1072.0000 1209.0000 1209.0000 1072.0000 12.78%
Helen Clark 05.12.1999 - 19.11.2008 836.9000 1077.0000 1077.0000 836.9000 28.69%
Jennifer Shipley 08.12.1997 - 13.04.1999 829.7000 830.4000 839.5000 829.7000 0.08%
James Bolger 02.11.1990 - 08.12.1997 731.1000 825.1000 825.1000 731.1000 12.86%


Latest data on Food Inflation (%)

Food Inflation New Zealand - Historical Data (%)

What is Food Inflation in New Zealand?

  • Food Inflation in New Zealand increased by 8.9 % in August 2023 over the same month in the previous year. The maximum level was 25.2 % and minimum was -2 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
8.9 Aug/23 13.09.2023
9.6 Jul/23 10.08.2023
12.5 Jun/23 14.07.2023
12.1 May/23 14.06.2023
12.5 Apr/23 11.05.2023
12.1 Mar/23 16.04.2023
12 Feb/23 12.03.2023
10.3 Jan/23 13.02.2023


Historical Chart by YoY prime ministers (%)

Inflation Rate YoY John Key
Inflation Rate YoY Helen Clark

Food Inflation in New Zealand by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
John Key 19.11.2008 - 12.12.2016 10.3300 0.6000 10.3300 -1.9900 -94.19%
Helen Clark 05.12.1999 - 19.11.2008 1.7600 9.9000 10.8100 -0.7400 462.50%


Latest data on Inflation Rate YoY (%)

Inflation Rate YoY New Zealand - Historical Data (%)

What is Inflation Rate in New Zealand?

  • Inflation Rate in New Zealand increased by 6 % in the second quarter of 2023 over the same quarter in the previous year. The maximum level was 44 % and minimum was -15.3 %.
  • Data published Quarterly by Statistics.

Historical Data (%) by years

Data
Period
Date
6 2Q/23 19.07.2023
7.2 4Q/22 24.01.2023
7.3 2Q/22 18.07.2022
5.9 4Q/21 26.01.2022
3.3 2Q/21 15.07.2021
1.4 4Q/20 21.01.2021
1.5 2Q/20 16.07.2020
1.9 4Q/19 23.01.2020


Historical Chart by YoY prime ministers (%)

Inflation Rate YoY John Key
Inflation Rate YoY Helen Clark
Inflation Rate YoY Jennifer Shipley
Inflation Rate YoY James Bolger

Inflation Rate YoY in New Zealand by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
John Key 19.11.2008 - 12.12.2016 3.4000 0.4000 5.3000 0.1000 -88.24%
Helen Clark 05.12.1999 - 19.11.2008 0.5000 5.1000 5.1000 0.5000 920.00%
Jennifer Shipley 08.12.1997 - 13.04.1999 0.8000 -0.1000 1.7000 -0.1000 -112.50%
James Bolger 02.11.1990 - 08.12.1997 4.9000 1.0000 4.9000 0.8000 -79.59%


Latest data on Inflation Rate Mom (%)

Inflation Rate Mom New Zealand - Historical Data (%)

What is inflation rate in New Zealand 2026?

  • Inflation Rate in New Zealand increased by 1.1 % in the second quarter of 2023 #period_comment_en#. The maximum level was 8.9 % and minimum was -4.1 %.
  • Data published Quarterly by Statistics.

Historical Data (%) by years

Data
Period
Date
1.1 2Q/23 19.07.2023
1.2 1Q/23 19.04.2023
1.4 4Q/22 24.01.2023
2.2 3Q/22 18.10.2022
1.7 2Q/22 18.07.2022
1.8 1Q/22 20.04.2022
1.4 4Q/21 26.01.2022
2.2 3Q/21 17.10.2021


Historical Chart by MoM prime ministers (%)

Inflation Rate Mom in New Zealand by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Core Consumer Prices (Index Points)

Core Consumer Prices New Zealand - Historical Data (Index Points)

What is Core CPI in New Zealand?

  • Core Consumer Prices in New Zealand increased to 1229 Index Points in the second quarter of 2023. The maximum level was 1083 Index Points and minimum was 513 Index Points.
  • Data published Quarterly by Statistics.

Historical Data (Index Points) by years

Data
Period
Date
1229 2Q/23 20.07.2023
1215 1Q/23 08.05.2023
1197 4Q/22 01.02.2023
1147 2Q/22 18.07.2022
1132 1Q/22 21.04.2022
1115 4Q/21 07.03.2022
1102 3Q/21 17.10.2021
1083 2Q/21 15.07.2021


Historical Chart by prime ministers (Index Points)

Core Consumer Prices in New Zealand by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Core Inflation Rate (%)

Core Inflation Rate New Zealand - Historical Data (%)

What is New Zealand Core Inflation Rate?

  • Core Inflation Rate in New Zealand increased by 7.1 % in the second quarter of 2023. The maximum level was 7.91 % and minimum was 0 %.
  • Data published Quarterly by Statistics.

Historical Data (%) by years

Data
Period
Date
7.1 2Q/23 20.07.2023
7.3 1Q/23 08.05.2023
7.4 4Q/22 01.02.2023
6.2 2Q/22 18.07.2022
6 1Q/22 21.04.2022
5 4Q/21 07.03.2022
4.4 3Q/21 18.01.2022
2.2 2Q/21 15.07.2021


Historical Chart by YoY prime ministers (%)

Core Inflation Rate in New Zealand by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on CPI Housing Utilities (Index Points)

CPI Housing Utilities New Zealand - Historical Data (Index Points)

What is New Zealand CPI Index for Housing Utilities?

  • CPI Housing Utilities in New Zealand increased to 1314 Index Points in the second quarter of 2023. The maximum level was 1137 Index Points and minimum was 537 Index Points.
  • Data published Quarterly by Statistics.

Historical Data (Index Points) by years

Data
Period
Date
1314 2Q/23 20.07.2023
1298 1Q/23 20.04.2023
1285 4Q/22 28.01.2023
1269 3Q/22 22.10.2022
1240 2Q/22 18.07.2022
1212 1Q/22 21.04.2022
1190 4Q/21 29.01.2022
1167 3Q/21 17.10.2021


Historical Chart by prime ministers (Index Points)

CPI Housing Utilities in New Zealand by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on CPI Transportation (Index Points)

CPI Transportation New Zealand - Historical Data (Index Points)

What is New Zealand CPI Index for Transportation?

  • CPI Transportation in New Zealand decreased to 1219 Index Points in the second quarter of 2023. The maximum level was 1100 Index Points and minimum was 743 Index Points.
  • Data published Quarterly by Statistics.

Historical Data (Index Points) by years

Data
Period
Date
1219 2Q/23 20.07.2023
1243 1Q/23 20.04.2023
1259 4Q/22 28.01.2023
1248 3Q/22 22.10.2022
1227 2Q/22 18.07.2022
1199 1Q/22 21.04.2022
1161 4Q/21 29.01.2022
1117 3Q/21 17.10.2021


Historical Chart by prime ministers (Index Points)

CPI Transportation in New Zealand by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Inflation Expectations (%)

Inflation Expectations New Zealand - Historical Data (%)

What is New Zealand Inflation Expectations in 2026?

  • Inflation Expectations in New Zealand increased by 2.83 % in the third quarter of 2023. The maximum level was 8.3 % and minimum was 1.24 %.
  • Data published Quarterly by Reserve Bank.

Historical Data (%) by years

Data
Period
Date
2.83 3Q/23 09.08.2023
2.79 2Q/23 12.05.2023
3.3 1Q/23 14.02.2023
3.6 4Q/22 08.11.2022
3.1 3Q/22 08.08.2022
3.29 2Q/22 12.05.2022
3.27 1Q/22 11.02.2022
2.96 4Q/21 18.01.2022


Historical Chart by prime ministers (%)

Inflation Expectations in New Zealand by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other inflation indicators in New Zealand

Index Updated Actual Previous
GDP Deflator 2Q/23 1427 in. pt. 1399
Producer Prices 2Q/23 1376 in. pt. 1373

Inflation Rate YoY in other countries

Country Updated Actual Previous
Australia 2Q/23 6 % 7
New Zealand 2Q/23 6 % 6.7
Papua New Guinea 1Q/23 1.68 % 3.41
Fiji Sep/23 2.5 % 1.3


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