Inflation New Zealand 1993

Average inflation: 1.3%

Current Inflation

Inflation is low at 1.3%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in September at 1.5%. The lowest inflation was in March at 1.0%.

Highest month
September: 1.5%
Lowest month
March: 1.0%
Difference
0.5 percentage points
Months with data
4 of 12

Category Insights

The highest price increase was in Energy with an average of 1.9%. The lowest price increase was in Food with an average of 1.3%.

Highest increase
Energy: 1.9%
Lowest increase
Food: 1.3%

Historical Context

Current inflation is 2.0% lower than the 5-year average of 3.3%.

5-year average
3.3%
10-year average
7.4%
All-time high (1980)
17.2%
All-time low (1992)
1%

Trend

Inflation shows a downward trend. Compared to 1992, inflation has fallen by +0.3 percentage point.

Change vs. previous year
+0.3 percentage points
Largest monthly swing
September: +0.5 percentage points

ECB Target

Inflation is 0.7% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.30 next year at this inflation rate.

Multi-year trend

Monthly figures 1993

Inflation by category

Food
1.3%
-0.0vs avg.
More details →
Energy
1.9%
+0.6vs avg.
More details →
Core inflation
1.3%
-0.0vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1992
March 1.0% +0.2
June 1.3% +0.3
September 1.5% +0.5
December 1.4% +0.1
Average 1.3%

Data source

Data from WorldBank. Last updated: 04/01/2026.

See also