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 July 2024 with June 2024 for the monthly percentage change, and July 2024 with July 2023 for the annual percentage change.
Group, subgroup, class, item, or selected section | Monthly percentage change | Annual percentage change |
Food group | 0.4 | 0.6 |
Fruit and vegetables | 4.5 | -8.5 |
Meat, poultry, and fish | 0.0 | -1.1 |
Grocery food | -0.4 | 1.7 |
Non-alcoholic beverages | -0.5 | 3.9 |
Restaurant meals and ready-to-eat food | 0.1 | 3.7 |
Alcoholic beverages and tobacco group | 0.6 | 6.5 |
Alcoholic beverages | 0.8 | 3.7 |
Cigarettes and tobacco | 0.2 | 10.1 |
Housing and household utilities group | ||
Stock measure of rental property | 0.2 | 4.3 |
Flow measure of rental property | -0.1 | 2.5 |
Transport group | ||
Petrol | -0.5 | -0.6 |
Diesel | -0.2 | 5.1 |
Domestic air transport | 6.4 | -15.4 |
International air transport | 3.8 | -10.6 |
Recreation and culture group | ||
Domestic accommodation | 5.4 | -6.2 |
International accommodation | -8.1 | -3.9 |
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. It 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 to access timeseries data. For this release, select the following categories:
Subject category: Economic indicators
Group: Consumers price index – CPI
Definitions and metadata
gives general methodology used to produce the selected price indexes and related metadata.
Technical enquiries
Ari Palsson
ISSN 3021-145X
Next release
Selected price indexes: August 2024 will be released on 12 September 2024.
