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Consumers Price Index: December 2013 quarter
Embargoed until 10:45am  –  21 January 2014
Key facts
Quarterly change

In the December 2013 quarter, compared with the September 2013 quarter:

  • The consumers price index (CPI) rose 0.1 percent.
  • Seasonally higher international air fares (up 12 percent) was the main contributor, reflecting higher prices on routes to Asia and Europe. Package holidays (up 7.3 percent) also had a seasonal price rise.
  • Housing and household utilities rose 0.5 percent, reflecting higher prices for property maintenance, purchase of newly built houses, and rentals for housing.
  • Seasonally lower prices for vegetables (down 20 percent) and cheaper petrol (down 3.5 percent) were the main downward contributors.
Annual change

From the December 2012 quarter to the December 2013 quarter:

  • The CPI increased 1.6 percent.
  • Nearly half of the increase came from housing and household utilities (up 3.2 percent).

The CPI measures the rate of price change of goods and services purchased by New Zealand households. Statistics NZ visits 3,000 shops around New Zealand to collect prices for the CPI and check product sizes and features.

 Graph, Consumers price index, quarterly change, December 2010 to December 2013.

Graph, Consumers price index, annual change, December 2010 to December 2013.
Liz MacPherson
Government Statistician
21 January 2014
ISSN 1178-0452
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