Food prices in New Zealand climbed 0.6 percent year-on-year in October of 2018, following a 0.1 percent increase in the previous month. Higher inflation was mainly explained by the meat, poultry & fish subgroup (+2.6 percent vs +0.9 percent in September), as prices for mutton, lamb & hogget jumped 15.0 percent (vs +3.4 percent). In contrast, prices for the fruit & vegetable subgroup plunged 5.6 percent following a 7.1 percent decline in September, as prices for vegetables dropped 7.5 percent and those for fruits 2.5 percent. Meantime, inflation for the grocery food subgroup picked up (0.6 percent vs 0.2 percent), whereas prices for beverages climbed at a slower pace (1.0 percent vs 1.3 percent) and restaurant meals inflation stayed at 2.9 percent for the third month. On a monthly basis, food prices declined 0.6 percent after falling 0.1 percent. Food Inflation in New Zealand averaged 5.60 percent from 1961 until 2018, reaching an all time high of 25.20 percent in March of 1980 and a record low of -2 percent in June of 2010.

New Zealand Food Inflation
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-12 10:45 PM Food Inflation YoY -0.1% 1.1% 1.4%
2018-10-10 09:45 PM Food Inflation YoY 0.1% -0.1% 0.3%
2018-11-12 09:45 PM Food Inflation YoY 0.6% 0.1% 0.4%
2018-12-13 09:45 PM Food Inflation YoY 0.6% -0.1%


New Zealand Prices Last Previous Highest Lowest Unit
Inflation Rate 1.90 1.50 44.00 -15.30 percent [+]
Inflation Rate Mom 0.90 0.40 8.90 -4.10 percent [+]
Consumer Price Index CPI 1024.00 1015.00 1024.00 16.50 Index Points [+]
Core Consumer Prices 1024.00 1015.00 1024.00 512.60 Index Points [+]
Core Inflation Rate 1.90 1.01 7.91 0.00 percent [+]
GDP Deflator 1183.00 1180.00 1190.00 589.00 Index Points [+]
Producer Prices 1140.00 1124.00 1140.00 165.78 Index Points [+]
Export Prices 1182.00 1154.00 1269.00 85.30 Index Points [+]
Import Prices 814.00 800.00 1128.00 70.43 Index Points [+]
Inflation Expectations 2.03 2.04 8.30 1.60 percent [+]
Cpi Housing Utilities 1042.00 1031.00 1042.00 536.80 Index Points [+]
CPI Transportation 1044.00 1020.00 1099.90 743.20 Index Points [+]
Food Inflation 0.60 0.10 25.20 -2.00 percent [+]


New Zealand Food Inflation

This page provides - New Zealand Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Food Inflation - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.60 0.10 25.20 -2.00 1961 - 2018 percent Monthly




Country Last
Argentina 46.41 Oct/18
Australia 1.60 Sep/18
Brazil 3.33 Oct/18
Canada 1.80 Sep/18
China 3.30 Oct/18
Euro Area 1.60 Oct/18
France 2.80 Sep/18
Germany 1.90 Oct/18
India -0.86 Oct/18
Indonesia 4.36 Oct/18
Italy 0.70 Oct/18
Japan 1.80 Sep/18
Mexico 3.84 Oct/18
Netherlands 0.50 Oct/18
Russia 2.80 Sep/18
Saudi Arabia 6.70 Sep/18
Singapore 1.60 Sep/18
South Africa 3.90 Sep/18
South Korea 5.60 Oct/18
Spain 1.70 Oct/18
Switzerland 1.70 Oct/18
Turkey 29.26 Oct/18
United Kingdom 0.90 Oct/18
United States 1.20 Oct/18


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