Household Living-Costs Price Indexes Show 0.2% Quarterly Inflation in December 2025 Quarter

Statistics New Zealand released household living-costs price indexes (HLPIs) for the December 2025 quarter, showing inflation rates for 13 household groups. Quarterly inflation stood at 0.2% for all households, with beneficiaries and Māori groups experiencing 0.3%, superannuitants at 0.4%, and highest-expenditure households at 0.4%. The lowest-expenditure group saw 0.3% inflation. Annual inflation over 12 months to December 2025 was 2.2% for all households, compared to 3.1% for beneficiaries and 3.8% for superannuitants. The CPI, measuring overall inflation, rose 3.1% annually. HLPIs focus on housing costs through mortgage interest payments, while CPI includes new home construction costs. The next HLPI release is scheduled for March 2026.

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