Inflation New Zealand 2014
Average inflation: 1.2%
Current Inflation
Inflation is low at 1.2%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in June at 1.6%. The lowest inflation was in December at 0.8%.
- Highest month
- June: 1.6%
- Lowest month
- December: 0.8%
- Difference
- 0.8 percentage points
- Months with data
- 4 of 12
Category Insights
The highest price increase was in Core inflation with an average of 1.5%. The lowest price increase was in Food with an average of 0.3%.
- Highest increase
- Core inflation: 1.5%
- Lowest increase
- Food: 0.3%
Historical Context
Current inflation is 0.7% lower than the 5-year average of 1.9%.
- 5-year average
- 1.9%
- 10-year average
- 2.5%
- All-time high (2011)
- 4%
- All-time low (1999)
- -0.1%
Trend
Inflation has remained relatively stable. Compared to 2013, the difference is minimal (+0.1 percentage point).
- Change vs. previous year
- +0.1 percentage points
- Largest monthly swing
- June: +0.9 percentage points
ECB Target
Inflation is 0.8% 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 €101.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2014
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2013 |
|---|---|---|
| March | 1.5% | +0.6 |
| June | 1.6% | +0.9 |
| September | 1.0% | -0.4 |
| December | 0.8% | -0.8 |
| Average | 1.2% |
Data source
Data from WorldBank. Last updated: 04/01/2026.