Tag: inflation
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Stats NZ Confirms 2027 Rollout Dates for Monthly CPI
Stats NZ has set dates for its monthly Consumers Price Index (CPI) in 2027. The rollout includes transitional reports in May and June, leading to the first official monthly release in July, with ongoing publications from August.
BusinessPolitics and GovernmentEconomyFederal GovernmentFinancial MarketsEducation Statistics New ZealandConsumers Price IndexMonthly CPIEconomic DataInflationData Release
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New Zealand Household Living Costs Jump 3.2 Percent
New Zealand household living costs increased by 3.2 percent in the 12 months to June 2026, primarily due to higher petrol prices. This rise follows a 2.1 percent increase in the prior quarter, with overall inflation reaching 4.1 percent.
BusinessEconomy Household living costsInflationPetrol pricesStatistics New ZealandJune 2026Nicola Growden
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New Zealand to Launch Monthly Inflation Reporting by July 2027
New Zealand will introduce monthly inflation data from July 2027, a major upgrade to economic statistics. This initiative aims to provide more frequent CPI updates, enabling better-informed decisions for households, businesses, and government, while initially retaining quarterly reporting.
Politics and GovernmentBusinessGeneral PoliticsEconomyFinancial Markets CPIInflationEconomic StatisticsScott SimpsonGovernmentData ReportingNew Zealand Government
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Media Monitor: New Zealand Inflation Hits Two-Year High; Ryan Fox Wins Open; Hipkins Comments on Defections
One News NZ reports New Zealand's inflation hit 4.1%, a two-year high, driven by petrol prices. Golfer Ryan Fox won the Open, while Chris Hipkins commented on Labour defections to New Zealand First. A small plane also crashed in Canterbury.
BusinessPolitics and GovernmentSportConflictEconomyMiddle EastGeneral PoliticsLabour PartyElectionTransportation InflationRyan FoxGolfChris HipkinsPoliticsAircraft AccidentOne News NZ
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Global Oil Prices Drive NZ Inflation to 4.1%, Government Emphasizes Fiscal Discipline
New Zealand's annual inflation hit 4.1% due largely to global oil price shocks, Finance Minister Nicola Willis said. The government maintains fiscal discipline and targeted support, expecting economic growth and wage increases despite Middle East conflict.
Politics and GovernmentBusinessEconomyNational PartyGeneral PoliticsFinancial MarketsEmployment and LaborMiddle East Nicola WillisInflationFiscal DisciplineOil PricesGovernment SpendingNZ National PartyElection
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Green Party Blames Fossil Fuels for Surging Inflation, Criticizes Government Response
New Zealand's inflation hits 4.1%, driven by fossil fuel prices, says Green Party Co-leader Chlöe Swarbrick. She criticizes the government's approach and calls for rapid decarbonization to ease cost of living pressures.
Politics and GovernmentBusinessScience & TechnologyConflictGeneral PoliticsEconomyEnvironmentClimate ChangeEnergyMiddle East InflationFossil FuelsGreen PartyChlöe SwarbrickCost of LivingDecarbonizationElection
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Inflation Hits Two-Year High, Labour Blames National Government
New Zealand's inflation reached 4.1%, a two-year high, drawing criticism from Labour's Barbara Edmonds. She argues the National government has worsened the cost of living, impacting families with rising food prices and stagnant wages.
Politics and GovernmentBusinessGeneral PoliticsEconomyState GovernmentsSocial IssuesMiddle EastEurope InflationLabour PartyNational GovernmentCost of LivingBarbara EdmondsNew Zealand Labour PartyElection
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New Zealand Annual Inflation Hits 4.1% in June, Exceeding Target
New Zealand's annual inflation rate reached 4.1% in June 2026, surpassing the Reserve Bank's 1-3% target. Surging petrol and diesel prices were the primary drivers of the increase, according to Stats NZ.
BusinessEconomyFinancial MarketsTransportation inflationConsumers Price IndexpetroldieselStatistics New ZealandReserve Bank of New Zealand
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Media Monitor: New Zealand Hikes OCR, Battles Severe Weather, Shark Attack Survivor Finds Comfort
One News NZ reports New Zealand's Reserve Bank hiked the official cash rate, severe weather caused damage and cancellations, and a shark attack survivor found comfort in Kiwi support.
BusinessWeatherFinancial MarketsGeneral WeatherTransportationLegalSocial Issues Official Cash RateInflationSevere WeatherKaikōuraShark AttackLeah StewartOne News NZ
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New Zealand to Modernize Economic Statistics
Stats NZ will modernize New Zealand's economic statistics from next year, introducing monthly inflation figures and new industry activity indicators. This aims to provide more frequent and accurate data for decision-makers in a rapidly changing economy.
BusinessPolitics and GovernmentScience & TechnologyEconomyArtificial IntelligenceComputers and InternetGeneral Politics Stats NZEconomic StatisticsInflationIndustry ActivityModernizationColin LynchStatistics New Zealand
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Monetary Policy Committee Holds OCR at 2.25%, Signals Future Increases Amid Inflation Concerns
New Zealand's Monetary Policy Committee held the OCR at 2.25 percent, but anticipates future increases due to rising inflation, global uncertainty, and weakening domestic confidence, aiming to return inflation to its 2 percent target by mid-2027.
BusinessWorldConflictEconomyBankingEmployment and LaborTradeReal EstateMiddle East Monetary Policy CommitteeOfficial Cash RateInflationEconomic OutlookGlobal EconomyConsumer Confidence
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Stats NZ Updates Monthly CPI Progress
Stats NZ released its April 2026 update on the development of a monthly consumers price index (CPI). The agency will continue to provide updates as progress is made towards delivery.
BusinessPolitics and Government Stats NZCPIInflationEconomic DataGovernment StatisticsPrice IndexStatistics New Zealand
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NZ Household Living Costs Up 2.1 Percent
New Zealand household living costs increased 2.1 percent in the year to March 2026, with falling interest payments cited as the primary reason for the rise, according to Stats NZ figures.
BusinessEconomy Cost of LivingInflationStats NZHousehold ExpensesEconomic IndicatorsInterest RatesStatistics New Zealand
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Global Energy Crisis Highlights New Zealand's Fossil Fuel Vulnerability
Global energy attacks on Iran trigger price hikes, exposing New Zealand's reliance on fossil fuels. Experts urge a shift to renewables and efficiency for economic and climate resilience.
BusinessPolitics and GovernmentEnvironment Global energy crisisOil and gas exportsNew Zealand economyFossil fuelsInflationCentral bankClimate changeRenewable energyElectrificationTransport policy
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Stats NZ Corrects January Food Price Index After Data Error
Stats NZ has corrected the January 2026 food price index (FPI) after an error was discovered. The initial report stated a 2.5% increase, but the revised figure is 2.1%.
BusinessEconomy Stats NZFood Price IndexEconomic StatisticsData CorrectionInflationCPI
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New Zealand Food Prices Rise 4.4% Annually
Stats NZ reports a 4.4% increase in food prices for the year ending November 2025, driven by higher costs for groceries, meat, poultry and fish.
BusinessEconomyTradeAgricultureAustralasia Food PricesStats NZInflationGroceryMeatConsumer Price IndexStatistics NZ
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Media Monitor: RNZ Reports on Fatal Brawl, Inflation, Murder Trial
RNZ reports a 20-year-old died after a brawl in Hamilton, inflation hits a 12-month high, and in the DeLuney murder trial, the defense says there was no breakdown in the relationship with her mother.
WorldPolitics and GovernmentBusinessSportHealthMediaMusic RNZHamiltonAlexandra StreetInflationJulia DeLuneyStabbingMurder trialRadio New Zealand
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Media Monitor: Hamilton homicide, inflation increase, Jason Momoa eyes NZ citizenship
1News reports on a fatal fight in Hamilton, rising inflation, Sounds Air route cuts, and Jason Momoa's interest in New Zealand citizenship.
Politics and GovernmentBusinessEntertainmentSportScience & TechnologyEconomyFilm and TVAgricultureLegal HamiltonHomicideInflationStats NZSounds AirJason MomoaNew Zealand citizenshipOne News NZ
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New Zealand Food Prices Increase 4.6 Percent Annually
New Zealand's food prices have increased by 4.6 percent in the year to June 2025, with dairy products and meat being the primary contributors to the rise.
BusinessEconomyTradeAgricultureAustralasia Food PricesStats NZInflationGrocery FoodMeatPoultryFishStatistics NZ
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New Zealand Food Prices Increase 4.4 Percent Annually
New Zealand's food prices surged by 4.4% in the year leading up to May 2025, according to Stats NZ, with grocery and meat seeing the biggest hikes.
BusinessEconomyTradeAgriculture Food PricesStats NZInflationGrocery FoodMeatNicola GrowdenStatistics New Zealand
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IMF Concludes 2025 Article IV Consultation with New Zealand
The IMF concludes its 2025 Article IV consultation with New Zealand, noting a nascent recovery and return to target inflation. The IMF stresses prudent policies and structural reforms amid trade and investment vulnerabilities.
BusinessPolitics and GovernmentEconomyFinancial MarketsTrade IMFArticle IV Consultationmonetary policyfiscal policyeconomic growthinflationInternational Monetary Fund