Selected price indexes (SPI) provide monthly price changes for a selection of goods and services that New Zealand households purchase.
Note: Due to a processing error in January 2024 we have revised food prices. These revisions impact the food group and several lower-level indexes. See 'Selected price indexes: January 2024 (revised series) - CSV' under Download data below for a full list of impacted series.
Note: If you have difficulties accessing Infoshare data for selected price indexes, you can access the data from 'Selected price indexes: February 2024 - CSV' under Download data below.
Key facts
The following table sets out the key percentage changes in monthly and annual prices. We compare February 2024 with January 2024 for the monthly percentage change, and February 2024 with February 2023 for the annual percentage change.
Group, subgroup, class, item, or selected section |
February 2024 |
February 2024 |
Food group |
-0.6 |
2.1 |
Fruit and vegetables |
-4.6 |
-9.3 |
Meat, poultry, and fish |
-0.5 |
0.2 |
Grocery food |
-0.5 |
3.9 |
Non-alcoholic beverages |
1.5 |
4.3 |
Restaurant meals and ready-to-eat food |
0.4 |
6.7 |
Alcoholic beverages and tobacco group |
0.4 |
7.4 |
Alcoholic beverages |
0.7 |
5.0 |
Cigarettes and tobacco |
0.1 |
10.4 |
Housing and household utilities group |
||
Stock measure of rental property |
0.4 |
4.5 |
Flow measure of rental property |
-2.0 |
6.0 |
Transport group |
||
Petrol |
4.1 |
12.3 |
Diesel |
3.6 |
-3.9 |
Domestic air transport |
7.4 |
7.7 |
International air transport |
-1.7 |
-2.8 |
Recreation and culture group |
||
Domestic accommodation |
-0.3 |
6.1 |
Overseas accommodation |
7.1 |
24.5 |
| Month | Annual percentage change |
| Feb-20 | 3.1 |
| Mar-20 | 3.3 |
| Apr-20 | 4.4 |
| May-20 | 2.9 |
| Jun-20 | 4.1 |
| Jul-20 | 4.2 |
| Aug-20 | 4.2 |
| Sep-20 | 3.1 |
| Oct-20 | 2.7 |
| Nov-20 | 2.6 |
| Dec-20 | 2.9 |
| Jan-21 | 2.1 |
| Feb-21 | 1.2 |
| Mar-21 | 0.5 |
| Apr-21 | 0.7 |
| May-21 | 1.8 |
| Jun-21 | 2.8 |
| Jul-21 | 2.8 |
| Aug-21 | 2.4 |
| Sep-21 | 4 |
| Oct-21 | 3.7 |
| Nov-21 | 4 |
| Dec-21 | 4.5 |
| Jan-22 | 5.9 |
| Feb-22 | 6.8 |
| Mar-22 | 7.6 |
| Apr-22 | 6.4 |
| May-22 | 6.8 |
| Jun-22 | 6.6 |
| Jul-22 | 7.4 |
| Aug-22 | 8.3 |
| Sep-22 | 8.3 |
| Oct-22 | 10.1 |
| Nov-22 | 10.7 |
| Dec-22 | 11.3 |
| Jan-23 | 10.3 |
| Feb-23 | 12 |
| Mar-23 | 12.1 |
| Apr-23 | 12.5 |
| May-23 | 12.1 |
| Jun-23 | 12.5 |
| Jul-23 | 9.6 |
| Aug-23 | 8.9 |
| Sep-23 | 8 |
| Oct-23 | 6.3 |
| Nov-23 | 6 |
| Dec-23 | 4.8 |
| Jan-24 | 4.2 |
| Feb-24 | 2.1 |
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 Infoshare to access timeseries 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: March 2024 will be released on 12 April 2024.
