Selected price indexes (SPI) provide monthly price changes for a selection of goods and services that New Zealand households purchase.
This release incorporates a catch-up movement for 'domestic accommodation' due to a processing error in December 2024. This error does not impact the Consumers price index: December 2024 quarter release.
Key facts
The following table sets out the key percentage changes in monthly and annual prices. We compare January 2025 with December 2024 for the monthly percentage change, and January 2025 with January 2024 for the annual percentage change.
Group, subgroup, class, item, or selected section |
Monthly percentage change |
Annual percentage change |
Food group |
1.9 |
2.3 |
Fruit and vegetables |
2.8 |
-7.2 |
Meat, poultry, and fish |
1.8 |
3.0 |
Grocery food |
3.0 |
4.0 |
Non-alcoholic beverages |
2.3 |
6.4 |
Restaurant meals and ready-to-eat food |
0.0 |
2.8 |
Alcoholic beverages and tobacco group |
2.4 |
4.0 |
Alcoholic beverages |
1.6 |
3.7 |
Cigarettes and tobacco |
3.9 |
4.9 |
Housing and household utilities group |
... |
... |
Stock measure of rental property |
0.1 |
3.6 |
Flow measure of rental property |
.. |
.. |
Transport group |
... |
... |
Petrol |
4.0 |
1.2 |
Diesel |
5.8 |
-4.3 |
Domestic air transport |
-1.3 |
15.5 |
International air transport |
-11.7 |
0.9 |
Recreation and culture group |
... |
... |
Domestic accommodation |
2.8 |
-12.1 |
International accommodation |
1.6 |
3.0 |
Symbols: .. figure not available ... not applicable Source: Stats NZ |
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Selected price indexes review: 2024
Selected price indexes review: 2024 outlines changes made to the selected price indexes (SPI) items and their relative weights as a result of the wider consumers price index (CPI) review.
Key points from the review
Within the food group:
- meal kits has been added to the basket
- spinach replaced celery
- the relative importance of the non-alcoholic beverages subgroup has increased
- the relative importance of the fruit and vegetables subgroup has decreased.
Within the alcoholic beverages and tobacco group:
- liqueurs (off licence) has been removed
- cocktails replace ready-to-drink (on licence)
- the relative importance of the alcoholic beverages subgroup has increased
- the relative importance of the cigarettes and tobacco subgroup has decreased.
Update on December 2024 and January 2025 rental data
This release includes the national-level stock measure for actual rentals for housing for December 2024 and January 2025.
The administrative data used for the measure is provided by the Ministry of Business, Innovation and Employment (MBIE), which recently upgraded their tenancy bond-lodgment system.
The stock measure was not included in last month's SPI release as time was needed to integrate the new system's data into the rental price indexes.
The completed update does not affect the results for the December 2024 quarter consumers price index, so no revision is required.
This release does not include the flow of rental properties measures (national and regional) as we are still working to integrate the new system's data for these measures. The flow measures, which do not affect the CPI, will be included when we are confident, they meet customer expectations.
We will provide a further update in due course.
More data
Use Infoshare to access time-series 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.
Technical enquiries
Ari Palsson
04 931 4600
[email protected]
ISSN 3021-145X
Next release
Selected price indexes: February 2025 will be released on 14 March 2025.
