Inflation New Zealand 1994

Average inflation: 1.8%

Current Inflation

Inflation is low at 1.8%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in December at 2.8%. The lowest inflation was in June at 1.1%.

Highest month
December: 2.8%
Lowest month
June: 1.1%
Difference
1.7 percentage points
Months with data
4 of 12

Category Insights

The highest price increase was in Core inflation with an average of 2.3%. The lowest price increase was in Food with an average of -0.7%.

Highest increase
Core inflation: 2.3%
Lowest increase
Food: -0.7%

Historical Context

Current inflation is 0.8% lower than the 5-year average of 2.6%.

5-year average
2.6%
10-year average
6.9%
All-time high (1980)
17.2%
All-time low (1992)
1%

Trend

Inflation has remained relatively stable. Compared to 1993, the difference is minimal (+0.5 percentage point).

Change vs. previous year
+0.5 percentage points
Largest monthly swing
December: +1.4 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

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 €101.80 next year at this inflation rate.

Multi-year trend

Monthly figures 1994

Inflation by category

Food
-0.7%
-2.5vs avg.
More details →
Energy
-0.1%
-1.9vs avg.
More details →
Core inflation
2.3%
+0.5vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1993
March 1.3% +0.3
June 1.1% -0.2
September 1.8% +0.3
December 2.8% +1.4
Average 1.8%

Data source

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

See also