Prices rose 4.1% in the year to the June 2026 quarter, up from 2.7% a year earlier. Transport prices rose the most, 10.6%, and petrol was up 17.9% on a year earlier. Pay rates rose 2.0%, so prices are rising faster than pay rates.
Updated
Luxon's government took office on 27 November 2023. These compare the last reporting period before the 14 October 2023 election with the latest period. Economic shocks, global conditions and earlier decisions also affect the figures. How we choose the periods.
Each topic combines its data, definitions, questions and downloads.
Food rose 2.8% and housing and household utilities 3.6%.
Transport, Jun 2026 qtr. Check the full series.
Annual percentage changes, calculated from the same quarter a year earlier. Source: Stats NZ Tatauranga Aotearoa, Consumers price index (quarterly).
Prices are Stats NZ averages across stores in August 2026.
| Item | Price, Aug 2026 | A year earlier, Aug 2025 | Change |
|---|---|---|---|
| Potatoes, 1kg | $2.96 | $2.11 | 40.3% |
| Bread, white sliced loaf, 600g | $2.29 | $1.97 | 16.2% |
| Beef mince, 1kg | $24.96 | $22.53 | 10.8% |
| Milk, standard homogenised, 2 litres | $5.09 | $4.72 | 7.8% |
| Apples, 1kg | $4.28 | $4.12 | 3.9% |
| Bananas, 1kg | $4.07 | $3.94 | 3.3% |
| Cheese, mild cheddar, 1kg | $13.29 | $12.89 | 3.1% |
| Coffee, instant, 100g | $7.63 | $7.60 | 0.4% |
| Chicken breast, 1kg | $15.47 | $15.77 | −1.9% |
| Butter, salted, 500g | $7.70 | $8.58 | −10.3% |
| Eggs, dozen | $8.60 | $10.16 | −15.4% |
| Tomatoes, 1kg | $12.44 | $16.17 | −23.1% |
Source: Stats NZ Tatauranga Aotearoa, Selected price indexes (monthly).
It earned 1.9% of sales as earnings before interest and tax in F26 (52 weeks to 28 Jun 2026). Foodstuffs' co-operative accounts are not comparable, so they are not shown.
F19 is excluded from the peak comparison because it is on a different accounting basis. The break between F19 and F20 is marked. Source: Woolworths Group Limited; NZ in Numbers calculation, NZ in Numbers calculation.
Price levels compare the cost of the same basket in US dollars at market exchange rates. They move with the exchange rate, and incomes differ too. In 2025, the latest period all 4 comparison countries have.
In 2025, the latest period all 4 comparison countries have.
| Period | New Zealand (index) | Australia (index) | United Kingdom (index) | Canada (index) |
|---|---|---|---|---|
| 2025 | 79.4 | 92.6 | 89.2 | 85.3 |
| 2024 | 81.6 | 92.7 | 84.3 | 86.0 |
| 2023 | 82.0 | 91.4 | 80.8 | 86.7 |
| 2022 | 84.3 | 98.0 | 82.0 | 90.1 |
| 2021 | 98.0 | 109.5 | 98.0 | 94.8 |
| 2020 | 89.3 | 102.9 | 90.9 | 91.3 |
| 2019 | 92.3 | 106.0 | 93.5 | 94.7 |
| 2018 | 99.9 | 112.9 | 100.7 | 95.1 |
| 2017 | 100.2 | 114.5 | 96.5 | 95.2 |
| 2016 | 99.2 | 108.3 | 101.5 | 92.6 |
| 2015 | 102.4 | 111.5 | 116.4 | 101.0 |
| 2014 | 120.0 | 134.5 | 124.9 | 115.2 |
| 2013 | 118.7 | 142.8 | 117.3 | 123.8 |
| 2012 | 119.1 | 157.5 | 117.3 | 127.7 |
| 2011 | 116.7 | 155.3 | 119.9 | 128.5 |
| 2010 | 106.2 | 138.4 | 114.8 | 122.5 |
| 2009 | 92.1 | 117.3 | 117.1 | 111.2 |
| 2008 | 100.8 | 122.6 | 133.7 | 116.6 |
| 2007 | 106.6 | 119.3 | 144.2 | 113.7 |
| 2006 | 94.5 | 106.6 | 130.6 | 108.5 |
| Country | Value (index) in 2025 |
|---|---|
| New Zealand | 79.4 |
| Australia | 92.6 |
| Canada | 85.3 |
| United Kingdom | 89.2 |
Singapore is not shown: its OECD data ends in 2021. Comparison period: 2025-12-31. Source: OECD; NZ in Numbers calculation, NZ in Numbers calculation.
Each has its own chart, the full data table, definitions and downloads.
The organisations and licences behind the published datasets in this section.
