Inflation New Zealand 1999
Average inflation: -0.1%
Current Inflation
There is deflation with consumer prices declining by 0.1%.
Peak and Trough
The highest inflation was in December at 0.5%. The lowest inflation was in September at -0.5%.
- Highest month
- December: 0.5%
- Lowest month
- September: -0.5%
- Difference
- 1.0 percentage points
- Months with data
- 4 of 12
Category Insights
The highest price increase was in Energy with an average of 1.2%. The lowest price increase was in Core inflation with an average of -0.3%.
- Highest increase
- Energy: 1.2%
- Lowest increase
- Core inflation: -0.3%
Historical Context
Current inflation is 1.8% lower than the 5-year average of 1.7%.
- 5-year average
- 1.7%
- 10-year average
- 2.1%
- All-time high (1980)
- 17.2%
- All-time low (1999)
- -0.1%
Trend
Inflation shows a downward trend. Compared to 1998, inflation has fallen by +1.4 percentage point.
- Change vs. previous year
- -1.4 percentage points
- Largest monthly swing
- September: -2.2 percentage points
ECB Target
Inflation is 2.1% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €99.90 next year at this inflation rate.
Multi-year trend
Monthly figures 1999
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1998 |
|---|---|---|
| March | -0.1% | -1.4 |
| June | -0.4% | -2.1 |
| September | -0.5% | -2.2 |
| December | 0.5% | +0.1 |
| Average | -0.1% |
Data source
Data from WorldBank. Last updated: 04/01/2026.