Inflation New Zealand 2015

Average inflation: 0.3%

Current Inflation

Inflation is very low at 0.3%, well below the ECB target.

Peak and Trough

The highest inflation was in June at 0.4%. The lowest inflation was in December at 0.1%.

Highest month
June: 0.4%
Lowest month
December: 0.1%
Difference
0.3 percentage points
Months with data
4 of 12

Category Insights

The highest price increase was in Core inflation with an average of 1.1%. The lowest price increase was in Energy with an average of -5.0%.

Highest increase
Core inflation: 1.1%
Lowest increase
Energy: -5.0%

Historical Context

Current inflation is 1.2% lower than the 5-year average of 1.5%.

5-year average
1.5%
10-year average
2.2%
All-time high (2011)
4%
All-time low (1999)
-0.1%

Trend

Inflation has remained relatively stable. Compared to 2014, the difference is minimal (-0.9 percentage point).

Change vs. previous year
-0.9 percentage points
Largest monthly swing
June: -1.2 percentage points

ECB Target

Inflation is 1.7% 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 €100.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2015

Inflation by category

Food
-0.0%
-0.3vs avg.
More details →
Energy
-5.0%
-5.3vs avg.
More details →
Core inflation
1.1%
+0.8vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2014
March 0.3% -1.2
June 0.4% -1.2
September 0.4% -0.6
December 0.1% -0.7
Average 0.3%

Data source

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

See also