Consumer prices in New Zealand were up 7.2 percent on year in the fourth quarter of 2022, Statistics New Zealand said on Wednesday.
That was unchanged from Q3 and exceeded expectations for 7.1 percent.
Individually, prices rose 8.0 percent on year for housing, 11 percent for food and 8.4 percent for transportation.
On a seasonally adjusted quarterly basis, inflation rose 1.4 percent - slowing from 2.2 percent in the three months prior but beating forecasts for 1.3 percent.
Individually, prices rose 1.3 percent on quarter for housing, 1.8 percent for food and 3.4 percent for recreation.
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December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.