Selected price indexes (SPI) provide monthly price changes for a selection of goods and services that New Zealand households purchase.
Key facts
The following table sets out the key percentage changes in monthly and annual prices. We compare December 2024 with November 2024 for the monthly percentage change, and December 2024 with December 2023 for the annual percentage change.
Group, subgroup, class, item, or selected section |
Monthly percentage change |
Annual percentage change |
Food group |
0.1 |
1.5 |
Fruit and vegetables |
3.1 |
-8.0 |
Meat, poultry, and fish |
-0.6 |
2.1 |
Grocery food |
-0.2 |
2.7 |
Non-alcoholic beverages |
-1.4 |
5.1 |
Restaurant meals and ready-to-eat food |
0.1 |
3.1 |
Alcoholic beverages and tobacco group |
-0.6 |
4.8 |
Alcoholic beverages |
-1.1 |
2.6 |
Cigarettes and tobacco |
-0.1 |
7.5 |
Housing and household utilities group |
||
Stock measure of rental property |
.. |
.. |
Flow measure of rental property |
.. |
.. |
Transport group |
||
Petrol |
1.5 |
-4.1 |
Diesel |
2.6 |
-11.5 |
Domestic air transport |
0.3 |
2.8 |
International air transport |
29.6 |
-10.3 |
Recreation and culture group |
||
Domestic accommodation |
-1.7 |
-11.7 |
International accommodation |
-5.6 |
6.4 |
Exclusion of December 2024 rental data
This release does not include actual rentals for housing data for December 2024.
The administrative data for this information is provided by the Ministry of Business, Innovation and Employment (MBIE). MBIE has recently completed upgrades to their tenancy bond-lodgement system, and we need more time to integrate this data for the rental price indexes.
We're working to integrate this dataset in time for the release of Selected price indexes: January 2025 in February 2025.
Difference between the flow and stock measures of rent
The flow measure of rents captures rental price changes for dwellings that have a new tenancy started in the reference month. This 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.
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
Elsie Wallace
04 931 4600
[email protected]
ISSN 3021-145X
Next release
Selected price indexes: January 2025 will be released on 14 February 2025.
