Inflation New Zealand 1990
Average inflation: 6.1%
Current Inflation
Inflation is very high at 6.1%, far above the ECB target.
Peak and Trough
The highest inflation was in June at 7.6%. The lowest inflation was in December at 4.9%.
- Highest month
- June: 7.6%
- Lowest month
- December: 4.9%
- Difference
- 2.7 percentage points
- Months with data
- 4 of 12
Category Insights
The highest price increase was in Food with an average of 7.6%. The lowest price increase was in Energy with an average of 5.3%.
- Highest increase
- Food: 7.6%
- Lowest increase
- Energy: 5.3%
Historical Context
Current inflation is 3.3% lower than the 5-year average of 9.4%. This approaches the lowest level since records began (5.7% in 1989).
- 5-year average
- 9.4%
- 10-year average
- 10.8%
- All-time high (1980)
- 17.2%
- All-time low (1989)
- 5.7%
Trend
Inflation has remained relatively stable. Compared to 1989, the difference is minimal (+0.4 percentage point).
- Change vs. previous year
- +0.4 percentage points
- Largest monthly swing
- June: +3.2 percentage points
ECB Target
Inflation is 4.1% 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 €106.10 next year at this inflation rate.
Multi-year trend
Monthly figures 1990
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1989 |
|---|---|---|
| March | 7.0% | +3.0 |
| June | 7.6% | +3.2 |
| September | 5.0% | -2.2 |
| December | 4.9% | -2.3 |
| Average | 6.1% |
Data source
Data from WorldBank. Last updated: 04/01/2026.