Inflation New Zealand 1996
Average inflation: 2.3%
Current Inflation
Inflation is normal at 2.3%, around the ECB target.
Peak and Trough
The highest inflation was in December at 2.6%. The lowest inflation was in June at 2.0%.
- Highest month
- December: 2.6%
- Lowest month
- June: 2.0%
- Difference
- 0.6 percentage points
- Months with data
- 4 of 12
Category Insights
The highest price increase was in Energy with an average of 2.8%. The lowest price increase was in Food with an average of 1.3%.
- Highest increase
- Energy: 2.8%
- Lowest increase
- Food: 1.3%
Historical Context
Current inflation is around the 5-year average of 2.0%.
- 5-year average
- 2%
- 10-year average
- 4.7%
- All-time high (1980)
- 17.2%
- All-time low (1992)
- 1%
Trend
Inflation has remained relatively stable. Compared to 1995, the difference is minimal (-1.5 percentage point).
- Change vs. previous year
- -1.5 percentage points
- Largest monthly swing
- June: -2.6 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.30 next year at this inflation rate.
Multi-year trend
Monthly figures 1996
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1995 |
|---|---|---|
| March | 2.2% | -1.8 |
| June | 2.0% | -2.6 |
| September | 2.4% | -1.1 |
| December | 2.6% | -0.3 |
| Average | 2.3% |
Data source
Data from WorldBank. Last updated: 04/01/2026.