Food prices in New Zealand increased 1.2 percent year-on-year in March of 2019, following a 1.7 percent rise in the previous month. Cost of fruit & vegetables declined further (-2.6 percent in March vs -0.6 percent in February) and prices slowed for meat, poultry & fish (0.9 percent vs 3.5 percent); and non-alcoholic beverages (2.1 percent vs 2.7 percent). In contrast, cost of grocery food advanced at a faster pace (1.4 percent vs 0.8 percent) and inflation was steady for restaurant meals and ready-to-eat food (at 2.9 percent, the same as in February). On a monthly basis, food prices went up 0.5 percent, after a 0.4 percent gain in February. Food Inflation in New Zealand averaged 5.56 percent from 1961 until 2019, reaching an all time high of 25.20 percent in March of 1980 and a record low of -2 percent in June of 2010.

Food Inflation in New Zealand is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in New Zealand to stand at 1.80 in 12 months time. In the long-term, the New Zealand Food Inflation is projected to trend around 1.70 percent in 2020, according to our econometric models.

New Zealand Food Inflation
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-14 09:45 PM Food Inflation YoY 1.0% 0.4% 0.2%
2019-02-13 09:45 PM Food Inflation YoY 0.8% 1.0% 0.8%
2019-03-12 09:45 PM Food Inflation YoY 1.7% 0.8% 0.6%
2019-04-10 10:45 PM Food Inflation YoY 1.2% 1.7% 1.4%
2019-05-12 10:45 PM Food Inflation YoY 1.2%
2019-06-13 10:45 PM Food Inflation YoY
2019-07-11 10:45 PM Food Inflation YoY 1.3%


New Zealand Prices Last Previous Highest Lowest Unit
Inflation Rate 1.50 1.90 44.00 -15.30 percent [+]
Inflation Rate Mom 0.10 0.10 8.90 -4.10 percent [+]
Consumer Price Index CPI 1026.00 1025.00 1026.00 16.50 Index Points [+]
Core Consumer Prices 1026.00 1025.00 1026.00 512.60 Index Points [+]
Core Inflation Rate 1.40 1.90 7.91 0.00 percent [+]
GDP Deflator 1189.00 1192.00 1192.00 589.00 Index Points [+]
Producer Prices 1158.00 1140.00 1158.00 165.78 Index Points [+]
Export Prices 1204.00 1225.00 1269.00 85.30 Index Points [+]
Import Prices 858.00 847.00 1128.00 70.43 Index Points [+]
Inflation Expectations 2.02 2.03 8.30 1.60 percent [+]
Cpi Housing Utilities 1053.00 1047.00 1053.00 536.80 Index Points [+]
CPI Transportation 1017.00 1056.00 1099.90 743.20 Index Points [+]
Food Inflation 1.20 1.70 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.20 1.70 25.20 -2.00 1961 - 2019 percent Monthly




Country Last Previous
Argentina 64.00 Mar/19
Australia 1.50 Dec/18
Brazil 6.74 Mar/19
Canada 3.60 Mar/19
China 4.10 Mar/19
Euro Area 1.30 Mar/19
France 2.50 Mar/19
Germany 0.50 Mar/19
India 0.30 Mar/19
Indonesia 0.56 Mar/19
Italy 1.10 Mar/19
Japan -0.30 Mar/19
Mexico 4.56 Mar/19
Netherlands 3.60 Mar/19
Russia 6.70 Feb/19
Saudi Arabia 0.80 Feb/19
Singapore 1.60 Feb/19
South Africa 3.10 Mar/19
South Korea 1.10 Mar/19
Spain 0.90 Mar/19
Switzerland 1.00 Mar/19
Turkey 29.77 Mar/19
United Kingdom 0.80 Mar/19
United States 2.10 Mar/19


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