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NZ consumers price index: December 2025 quarter
Within the 0.6 percent rise in the CPI in the December 2025 quarter, higher prices were recorded for: • international air transport, up 7.2 percent (20.0 percent contribution to the 0.6 percent rise for all groups) • petrol, up 2.5 percent (13.2 percent contribution to all groups) • telecommunication services, up 2.8 percent (9.1 percent contribution to all groups). Lower prices were recorded for: • vegetables, down 16.5 percent (-34.6 percent contribution to all groups) • pharmaceutical products, down 4.3 percent (-4.7 percent contribution to all groups). Within the 3.1 percent increase in the CPI in the ... (full story)
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From bnz.co.nz | Jan 23, 2026
The chances of a 2026 rate hike rose significantly today with annual CPI inflation rising to an eighteen month high of 3.1%. We think our new laser-focussed-on-inflation RBNZ Governor will not be amused. To start with, the quarterly increase of 0.6% was a big miss for a central bank that was forecasting 0.2% for the period. The miss was greater on tradables ...
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- Jan 22, 2026 3:46pm Posted by
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