Inflation New Zealand 2006
Average inflation: 3.4%
Current Inflation
Inflation is high at 3.4%, well above the ECB target.
Peak and Trough
The highest inflation was in June at 4.0%. The lowest inflation was in December at 2.6%.
- Highest month
- June: 4.0%
- Lowest month
- December: 2.6%
- Difference
- 1.4 percentage points
- Months with data
- 4 of 12
Category Insights
The highest price increase was in Energy with an average of 12.6%. The lowest price increase was in Core inflation with an average of 2.7%.
- Highest increase
- Energy: 12.6%
- Lowest increase
- Core inflation: 2.7%
Historical Context
Current inflation is 0.8% higher than the 5-year average of 2.6%.
- 5-year average
- 2.6%
- 10-year average
- 2.1%
- All-time high (1987)
- 15.9%
- All-time low (1999)
- -0.1%
Trend
Inflation shows an upward trend. Compared to 2005, inflation has risen by +0.4 percentage point.
- Change vs. previous year
- +0.4 percentage points
- Largest monthly swing
- June: +1.2 percentage points
ECB Target
Inflation is 1.4% 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 €103.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2006
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2005 |
|---|---|---|
| March | 3.3% | +0.5 |
| June | 4.0% | +1.2 |
| September | 3.5% | +0.1 |
| December | 2.6% | -0.6 |
| Average | 3.4% |
Data source
Data from WorldBank. Last updated: 04/01/2026.