Selected price indexes (SPI) provide monthly price changes for a selection of goods and services that New Zealand households purchase.
Key facts
| “Month ended” | “Food price index” |
| “Dec-20” | 2.9 |
| “Jan-21” | 2.1 |
| “Feb-21” | 1.2 |
| “Mar-21” | 0.5 |
| “Apr-21” | 0.7 |
| “May-21” | 1.8 |
| “Jun-21” | 2.8 |
| “Jul-21” | 2.8 |
| “Aug-21” | 2.4 |
| “Sep-21” | 4 |
| “Oct-21” | 3.7 |
| “Nov-21” | 4 |
| “Dec-21” | 4.5 |
| “Jan-22” | 5.9 |
| “Feb-22” | 6.8 |
| “Mar-22” | 7.6 |
| “Apr-22” | 6.4 |
| “May-22” | 6.8 |
| “Jun-22” | 6.6 |
| “Jul-22” | 7.4 |
| “Aug-22” | 8.3 |
| “Sep-22” | 8.3 |
| “Oct-22” | 10.1 |
| “Nov-22” | 10.7 |
| “Dec-22” | 11.3 |
| “Jan-23” | 10.3 |
| “Feb-23” | 12 |
| “Mar-23” | 12.1 |
| “Apr-23” | 12.5 |
| “May-23” | 12.1 |
| “Jun-23” | 12.5 |
| “Jul-23” | 9.6 |
| “Aug-23” | 8.9 |
| “Sep-23” | 8 |
| “Oct-23” | 6.3 |
| “Nov-23” | 6 |
| “Dec-23” | 4.8 |
The following table sets out the key percentage changes in monthly and annual prices. We compare December 2023 with November 2023 for the monthly percentage change, and December 2023 with December 2022 for the annual percentage change.
Group, subgroup, class, item, or selected section | December 2023 monthly percentage change (compared with November 2023) | December 2023 annual percentage change (compared with December 2022) |
Food group | -0.1 | 4.8 |
Fruit and vegetables | 2.5 | 1.5 |
Meat, poultry, and fish | -1.0 | 2.3 |
Grocery food | -0.3 | 5.4 |
Non-alcoholic beverages | -2.0 | 5.5 |
Restaurant meals and ready-to-eat food | 0.3 | 7.1 |
Alcoholic beverages and tobacco group | -0.4 | 8.0 |
Alcoholic beverages | -0.7 | 5.3 |
Cigarettes and tobacco | -0.1 | 11.4 |
Housing and household utilities group | ||
Stock measure of rental property | 0.5 | 4.4 |
Flow measure of rental property | 1.4 | 7.0 |
Transport group | ||
Petrol | -4.8 | 12.5 |
Diesel | -7.4 | -7.5 |
Domestic air transport | 6.9 | 0.2 |
International air transport | 42.0 | -15.2 |
Recreation and culture group | ||
Domestic accommodation | 2.7 | 11.2 |
Overseas accommodation | -1.7 | 8.4 |
More data
Use Infoshare to access timeseries data. For this release, select the following categories:
Subject category: Economic indicators
Group: Consumers price index – CPI
Definitions and metadata
Selected price indexes – DataInfo+ gives general methodology used to produce the selected price indexes and related metadata.
Difference between the flow and stock measures of rent
The flow measure of rents captures rental price changes only for dwellings that have a new tenancy started in the reference month. The flow measure tends to be more volatile than the stock measure, which shows rental price changes across the whole rental population, including renters currently in tenancies.
Consumers price index review: 2020 – contains information on the most recent full review of the consumers price index (CPI) and the full list of basket items for which prices changes are measured.
Food price index review: 2020 – contains information on the most recent full review of monthly food prices.
Technical enquiries
Jay Bhana
04 931 4600
[email protected]
ISSN 3021-145X
Next release
Selected price indexes: January 2024 will be released on 14 February 2024.
