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New Zealand Grocery Prices Surge 4% in February 2026

2/17/2026

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Story summary
  • February 2026 saw New Zealand grocery prices rise 4% year over year, with takeaway coffee up 32 cents, and the Consumer Price Index rising 2.9% annually.
  • Beef prices averaged $45.48 per kg, up 8.9% annually.
  • Alcohol prices rose, with rent increasing by 1.2% annually.
  • Petrol and diesel prices fell 2.4% and 3.2% from December to January.