Inflation New Zealand 2000

Average inflation: 2.6%

Current Inflation

Inflation is normal at 2.6%, around the ECB target.

Peak and Trough

The highest inflation was in December at 4.0%. The lowest inflation was in March at 1.5%.

Highest month
December: 4.0%
Lowest month
March: 1.5%
Difference
2.5 percentage points
Months with data
4 of 12

Category Insights

The highest price increase was in Energy with an average of 10.3%. The lowest price increase was in Food with an average of 1.1%.

Highest increase
Energy: 10.3%
Lowest increase
Food: 1.1%

Historical Context

Current inflation is 1.1% higher than the 5-year average of 1.5%.

5-year average
1.5%
10-year average
1.8%
All-time high (1982)
16.2%
All-time low (1999)
-0.1%

Trend

Inflation shows an upward trend. Compared to 1999, inflation has risen by +2.7 percentage point.

Change vs. previous year
+2.7 percentage points
Largest monthly swing
September: +3.5 percentage points

ECB Target

Inflation is 0.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

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 €102.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2000

Inflation by category

Food
1.1%
-1.5vs avg.
More details →
Energy
10.3%
+7.7vs avg.
More details →
Core inflation
3.7%
+1.1vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1999
March 1.5% +1.6
June 2.0% +2.4
September 3.0% +3.5
December 4.0% +3.5
Average 2.6%

Data source

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

See also