Inflation New Zealand 1975
Average inflation: 14.7%
Current Inflation
Inflation is very high at 14.7%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 15.7%. The lowest inflation was in March at 13.2%.
- Highest month
- December: 15.7%
- Lowest month
- March: 13.2%
- Difference
- 2.5 percentage points
- Months with data
- 4 of 12
Category Insights
The highest price increase was in Core inflation with an average of 15.6%. The lowest price increase was in Energy with an average of 7.6%.
- Highest increase
- Core inflation: 15.6%
- Lowest increase
- Energy: 7.6%
Historical Context
Current inflation is 4.4% higher than the 5-year average of 10.3%. This approaches the highest level since records began (14.7% in 1975).
- 5-year average
- 10.3%
- 10-year average
- 10.3%
- All-time high (1975)
- 14.7%
- All-time low (1972)
- 7%
Trend
Inflation shows an upward trend. Compared to 1974, inflation has risen by +3.6 percentage point.
- Change vs. previous year
- +3.6 percentage points
- Largest monthly swing
- June: +4.9 percentage points
ECB Target
Inflation is 12.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €114.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1975
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1974 |
|---|---|---|
| March | 13.2% | +2.9 |
| June | 14.9% | +4.9 |
| September | 14.8% | +3.3 |
| December | 15.7% | +3.1 |
| Average | 14.7% |
Data source
Data from WorldBank. Last updated: 04/01/2026.