Money Snap/New Zealand/Economic indicators

New Zealand economic indicators

The New Zealand figures Stats NZ publishes in its release data files — consumer prices across every group, and gross domestic product. 59 series · newest reading 2026 Q3 · a deliberately narrower set than the other markets, for the reason given below.

Source: Stats NZ · Checked

Prices

Inflation rate

3.7%Percent−0.3 pp vs previous
7.9
5.8
3.7
1.6
-0.5
2011 Q4
2014 Q2
2016 Q4
2019 Q2
2021 Q4
2024 Q2
2026 Q3
Previous
4.1%
12-month high
4.1%
12-month low
3.1%
Range over 60 readings held
0.1% – 7.3%
Published
Quarterly · 2026 Q3

Source: Stats NZ · series CPIQ.SE9A · calculated by Money Snap from the published series, not published as this figure by the source · 60 published readings held, 2011 Q4 to 2026 Q3 · Open the source table · Calculated by Money Snap from the published all-groups index — Stats NZ publishes the index, not a year-on-year percentage.

Indicator
Latest
Previous
Change
Trend
Range
Unit
Period
Inflation ratePrices · QuarterlyderivedOpen calculator3.7%4.1%−0.3 pp3.14.1Percent2026 Q3
Consumers Price IndexPrices · QuarterlyOpen calculator1,3681,359+91,3271,368Index2026 Q3
Food inflationPrices · QuarterlyderivedOpen calculator2.1%2.8%−0.7 pp2.14.3Percent2026 Q3
Alcohol and tobacco inflationPrices · QuarterlyderivedOpen calculator2.7%2.8%−0.1 pp2.12.8Percent2026 Q3
Clothing and footwear inflationPrices · QuarterlyderivedOpen calculator1.4%2.5%−1.1 pp1.32.5Percent2026 Q3
Housing and utilities inflationPrices · QuarterlyderivedOpen calculator3.4%3.6%−0.3 pp3.43.6Percent2026 Q3
Household contents inflationPrices · QuarterlyderivedOpen calculator1.6%0.3%+1.2 pp-0.61.6Percent2026 Q3
Health inflationPrices · QuarterlyderivedOpen calculator3.0%4.0%−1.0 pp0.74.1Percent2026 Q3
Transport inflationPrices · QuarterlyderivedOpen calculator10.2%10.6%−0.5 pp2.610.6Percent2026 Q3
Communication inflationPrices · QuarterlyderivedOpen calculator4.7%6.8%−2.1 pp4.66.8Percent2026 Q3
Recreation and culture inflationPrices · QuarterlyderivedOpen calculator2.4%2.2%+0.2 pp2.23.2Percent2026 Q3
Education inflationPrices · QuarterlyderivedOpen calculator4.8%4.0%+0.8 pp4.09.6Percent2026 Q3
Miscellaneous goods inflationPrices · QuarterlyderivedOpen calculator2.0%1.0%+1.0 pp1.02.2Percent2026 Q3
GDP annual growth rateGDP · Quarterly1.7%0.9%+0.8 pp-0.51.7Percent2026 Q2
Real GDP, seasonally adjustedGDP · Quarterly71,80571,628+17770,64471,805NZD million2026 Q2
Nominal GDP, actualGDP · Quarterly114,916115,275−359108,643118,009NZD million2026 Q2
GDP quarterly growth rateGDP · Quarterly0.2%0.9%−0.7 pp0.20.9Percent2026 Q2
GDP: primary industriesIndustry · Quarterly4,2054,217−124,1924,235NZD million2026 Q2
GDP: agriculture, forestry and fishingIndustry · Quarterly3,6803,690−103,6203,690NZD million2026 Q2
GDP: miningIndustry · Quarterly443445−2443501NZD million2026 Q2
GDP: goods-producing industriesIndustry · Quarterly11,95511,800+15511,66411,955NZD million2026 Q2
GDP: manufacturingIndustry · Quarterly5,6725,647+255,5315,672NZD million2026 Q2
GDP: electricity, gas, water and wasteIndustry · Quarterly1,8271,818+91,8061,827NZD million2026 Q2
GDP: constructionIndustry · Quarterly4,4664,349+1174,3384,466NZD million2026 Q2
GDP: service industriesIndustry · Quarterly50,22550,120+10549,50850,225NZD million2026 Q2
GDP: wholesale tradeIndustry · Quarterly3,7383,689+493,5483,738NZD million2026 Q2
GDP: retail trade and accommodationIndustry · Quarterly4,8424,892−504,7764,892NZD million2026 Q2
GDP: transport, postal and warehousingIndustry · Quarterly2,9112,961−502,9112,961NZD million2026 Q2
GDP: information media and telecomsIndustry · Quarterly2,9292,879+502,8472,929NZD million2026 Q2
GDP: financial and insurance servicesIndustry · Quarterly3,9983,986+123,9484,012NZD million2026 Q2
GDP: rental, hiring and real estateIndustry · Quarterly10,38910,355+3410,27710,389NZD million2026 Q2
GDP: professional and support servicesIndustry · Quarterly8,4798,478+18,3688,479NZD million2026 Q2
GDP: public administration and safetyIndustry · Quarterly3,5163,446+703,4463,516NZD million2026 Q2
GDP: education and trainingIndustry · Quarterly2,5202,519+12,5172,520NZD million2026 Q2
GDP: health care and social assistanceIndustry · Quarterly4,9324,895+374,8364,932NZD million2026 Q2
GDP: arts, recreation and other servicesIndustry · Quarterly2,1892,207−182,1722,218NZD million2026 Q2
Household consumption spendingExpenditure · Quarterly45,01344,991+2244,70945,013NZD million2026 Q2
Government consumption spendingExpenditure · Quarterly15,06515,330−26514,86515,330NZD million2026 Q2
Gross fixed capital formationExpenditure · Quarterly17,93317,670+26317,19017,933NZD million2026 Q2
Residential building investmentExpenditure · Quarterly3,5343,386+1483,3653,534NZD million2026 Q2
Changes in inventoriesExpenditure · Quarterly-60229−289-325229NZD million2026 Q2
Exports of goods and servicesExpenditure · Quarterly20,28919,640+64919,21320,289NZD million2026 Q2
Imports of goods and servicesExpenditure · Quarterly24,84825,061−21323,92725,061NZD million2026 Q2
Net exportsExpenditure · Quarterlyderived-1,514-1,259−255-1,514-76NZD million2026 Q2
Gross national expenditureExpenditure · Quarterly78,23578,636−40177,24778,636NZD million2026 Q2
GDP deflatorGDP · Quarterly1,5621,560+21,5381,562Index2026 Q2
GDP deflator annual changeGDP · Quarterlyderived1.8%2.7%−0.9 pp1.83.1Percent2026 Q2
Real GDP per personGDP · Quarterly13,41013,399+1113,26313,410NZD2026 Q2
Nominal GDP per personGDP · Quarterly21,62621,558+6821,03821,626NZD2026 Q2
Real gross national incomeGDP · Quarterly73,34573,806−46173,19373,806NZD million2026 Q2
Food price annual inflationPrices · Monthly2.4%1.9%+0.5 pp1.94.7PercentSep 2026
Food Price IndexPrices · Monthly1,3861,386No change1,3411,386IndexSep 2026
Rent index, stock measureHousing · Monthly1,8111,810+11,8101,812IndexSep 2026
Rent index, flow measureHousing · Monthly1,7561,751+51,7461,894IndexSep 2026
Household living-costs inflationPrices · Quarterly3.0%3.2%−0.2 pp2.13.2Percent2026 Q3
Living-costs inflation, superannuitantsPrices · Quarterly4.0%4.5%−0.5 pp3.84.5Percent2026 Q3
GDP per capita, PPPGDP · Annual57,35055,794+1,55614,50157,350Int$ PPP2025
Household consumption per capitaConsumer · Annual25,48625,924−43813,26626,237USD2024
Gross savingsGDP · Annual18.9%18.6%+0.3 pp15.921.8Percent2024

Where a Money Snap calculator works on the same figure, the row carries an Open calculator link. Most series have no matching calculator and carry none.

Change pills and trend lines show direction only — teal for a rise, red for a fall — and are not a view on whether a move helps or hurts you. Stats NZ publishes consumer prices as index levels, so every inflation rate here is calculated from the published index rather than read as a percentage; the source line on each says so. Gross domestic product annual growth is published as a percentage and is read, not derived. The freshest reading here is 2026 Q3 and the slowest 2024. Always check the official release before relying on a figure.

How to read this page

A narrower table, and why

Every figure below is reproduced from the data file Stats NZ attaches to its own releases. Money Snap adds no forecasts and no gap filling — but New Zealand offers less machine-readable data than the other markets on this site, and this page reflects that honestly.

Stats NZ has no data API

Its open data service returns a server error, its older statistics portal no longer resolves, and Infoshare is an interactive application with no stable address. What does work is the spreadsheet-style CSV attached to each release. This page is built from those files, which is why it covers the families whose file names can be found reliably and no others.

Inflation rates here are calculated

Stats NZ publishes the Consumers Price Index as index levels, not as percentage changes. Every inflation rate on this page is therefore worked out from the published index by comparing each quarter with the same quarter a year earlier. That is the standard calculation, but it is arithmetic done here rather than a number Stats NZ published, and each row says so.

Colour means direction, not judgement

Teal marks a rise on the previous published reading and red marks a fall. Whether that is welcome depends entirely on your position — faster housing inflation hurts a renter and can suit an owner — so the colour never implies good or bad.

Good to know

Common questions

From the data files Stats NZ attaches to its Consumers Price Index and gross domestic product releases. The source line under each chart names the Stats NZ series reference the figure came from and links to the release file it was read out of, so any number here can be traced back to the record it reproduces.

Important Disclaimer

For educational and informational purposes only. This page reproduces economic statistics published by Stats NZ. Index levels are presented as published. Inflation rates are calculated from those published index levels and are labelled as calculated. Money Snap adds no forecasts or estimates.

No warranty of accuracy. While Money Snap takes reasonable care to reproduce official figures faithfully, this page is provided "as is" without any express or implied warranty as to accuracy, completeness, timeliness, or fitness for any particular purpose. Statistics are revised: Stats NZ routinely restates earlier periods, and an indicator shown here may since have been revised or reweighted. Always verify against the official release before relying on a figure.

Not financial advice. Economic statistics describe what has already happened in the wider economy. They say nothing about any individual’s circumstances, and nothing on this page constitutes financial, tax or legal advice, nor does use of this page create an advisory relationship. Direction indicators describe movement in a published number and are not a recommendation. For decisions, obtain advice from a financial adviser registered in New Zealand.

Limitation of liability. To the maximum extent permitted by law, Money Snap accepts no liability for any loss, damage, cost, or expense — direct or indirect — arising from reliance on this page or the information it produces. Use of this page is subject to our Terms of Use.

Official data sources

Every figure above is dated individually by the quarter it refers to and links to the Stats NZ release file it was read from. Inflation rates are calculated from the published index, not read as published percentages.