How NZ inflation compares to other rich countries

How NZ inflation compares to other rich countries
After years of flat prices, inflation has taken off around the world. (Image: Depositphotos)
Andy Fyers
With an annual inflation rate of 7.3% in the second quarter of 2022, New Zealand is experiencing the fastest increase in consumer prices in three decades.But we are not alone. Inflation is exploding across the world right now, with many countries experiencing double-digit annual increases in prices, especially those countries in Eastern Europe being affected by the Russia-Ukraine conflict. In particular, the Baltic states of Estonia, Latvia and Lithuania have some of the highest inflation rates in the developed world.NZ's inflation rat...

More Economy

Monthly CPI tech takes Stats NZ into the future
Economy

Monthly CPI tech takes Stats NZ into the future

Budget funding for new inflation-reporting tech is a giant leap forward, agency says.

Maria Slade 27 Jun 2025
Corporates think NZ 's on the up: Forsyth Barr
Primary Sector

Corporates think NZ 's on the up: Forsyth Barr

The Pulse of NZ Business survey found construction and retail continue to lag.

Gregor Thompson 25 Jun 2025
S&P/NZX 50 Index opens down after US strike on Iran
Economy

S&P/NZX 50 Index opens down after US strike on Iran

NZD/USD also under pressure as investors seek safe haven. 

Rebecca Howard 23 Jun 2025