Inflation New Zealand 2012

Average inflation: 1.1%

Current Inflation

Inflation is low at 1.1%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in March at 1.6%. The lowest inflation was in September at 0.8%.

Highest month
March: 1.6%
Lowest month
September: 0.8%
Difference
0.8 percentage points
Months with data
4 of 12

Category Insights

The highest price increase was in Energy with an average of 2.5%. The lowest price increase was in Food with an average of -0.7%.

Highest increase
Energy: 2.5%
Lowest increase
Food: -0.7%

Historical Context

Current inflation is 1.6% lower than the 5-year average of 2.7%.

5-year average
2.7%
10-year average
2.6%
All-time high (2011)
4%
All-time low (1999)
-0.1%

Trend

Inflation shows a downward trend. Compared to 2011, inflation has fallen by +2.9 percentage point.

Change vs. previous year
-2.9 percentage points
Largest monthly swing
June: -4.3 percentage points

ECB Target

Inflation is 0.9% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2012

Inflation by category

Food
-0.7%
-1.8vs avg.
More details →
Energy
2.5%
+1.4vs avg.
More details →
Core inflation
1.2%
+0.1vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2011
March 1.6% -2.9
June 1.0% -4.3
September 0.8% -3.8
December 0.9% -0.9
Average 1.1%

Data source

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

See also