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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)

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 (%)

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 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 2024?

  • 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 2024?

  • 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