Inflation New Zealand 2005
Average inflation: 3.0%
Current Inflation
Inflation is high at 3.0%, well above the ECB target.
Peak and Trough
The highest inflation was in September at 3.4%. The lowest inflation was in March at 2.8%.
- Highest month
- September: 3.4%
- Lowest month
- March: 2.8%
- Difference
- 0.6 percentage points
- Months with data
- 4 of 12
Category Insights
The highest price increase was in Energy with an average of 10.6%. The lowest price increase was in Food with an average of 1.2%.
- Highest increase
- Energy: 10.6%
- Lowest increase
- Food: 1.2%
Historical Context
Current inflation is 0.5% higher than the 5-year average of 2.5%.
- 5-year average
- 2.5%
- 10-year average
- 2%
- All-time high (1987)
- 15.9%
- All-time low (1999)
- -0.1%
Trend
Inflation shows an upward trend. Compared to 2004, inflation has risen by +0.7 percentage point.
- Change vs. previous year
- +0.7 percentage points
- Largest monthly swing
- March: +1.3 percentage points
ECB Target
Inflation is 1.0% 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 €103.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2005
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2004 |
|---|---|---|
| March | 2.8% | +1.3 |
| June | 2.8% | +0.4 |
| September | 3.4% | +0.9 |
| December | 3.2% | +0.5 |
| Average | 3.0% |
Data source
Data from WorldBank. Last updated: 04/01/2026.