Drop in pump prices

Petrol and diesel prices decreased between June and July, according to figures released by Stats NZ.

The cost of petrol declined by 5.7 per cent while diesel dropped by 12.1 per cent over the reporting period.

Nicola Growden, prices and deflators spokesperson, says: “Fuel prices decreased for a third consecutive month following increases in March and April. The recent declines mean prices for petrol and diesel are now below levels recorded in March although they remain higher than in February.”

In the 12 months to July 2026, prices for these two fuel types increased – petrol by 15.1 per cent and diesel by 34.9 per cent.

Meanwhile, domestic and international airfares jumped in July compared with June. Domestic fares rose by 20.7 per cent and international by 10.9 per cent.