New Zealand - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in New Zealand was 2.91 as of 2010. As the graph below shows, over the past 49 years this indicator reached a maximum value of 17.09 in 1980 and a minimum value of 0.28 in 1999.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1961 1.83
1962 2.70
1963 1.91
1964 3.43
1965 3.40
1966 2.77
1967 6.11
1968 4.28
1969 4.88
1970 6.71
1971 10.30
1972 6.78
1973 8.23
1974 11.25
1975 14.53
1976 16.79
1977 14.59
1978 11.90
1979 13.70
1980 17.09
1981 15.35
1982 16.17
1983 7.36
1984 6.20
1985 15.41
1986 13.22
1987 15.74
1988 6.38
1989 5.72
1990 6.10
1991 2.60
1992 1.02
1993 1.29
1994 1.63
1995 3.76
1996 2.29
1997 1.19
1998 1.24
1999 0.28
2000 3.01
2001 2.51
2002 2.66
2003 1.51
2004 2.60
2005 3.17
2006 3.17
2007 2.59
2008 3.85
2009 1.89
2010 2.91

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in New Zealand was 1.69 as of 2009. As the graph below shows, over the past 48 years this indicator reached a maximum value of 17.36 in 1986 and a minimum value of -2.40 in 1966.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 0.21
1962 4.52
1963 2.96
1964 3.27
1965 1.86
1966 -2.40
1967 8.70
1968 5.81
1969 0.93
1970 13.31
1978 13.04
1979 14.40
1980 15.47
1981 16.29
1982 12.25
1983 8.45
1984 7.61
1985 14.52
1986 17.36
1987 10.73
1988 7.73
1989 5.26
1990 2.46
1991 1.11
1992 1.96
1993 1.65
1994 1.87
1995 1.96
1996 1.35
1997 1.95
1998 1.40
1999 0.80
2000 2.99
2001 3.78
2002 0.22
2003 2.48
2004 3.17
2005 2.24
2006 4.24
2007 4.94
2008 3.40
2009 1.69

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices