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What sectors, if any, of the New Zealand economy are most vulnerable to a sustained oil price increase, including transport, agriculture, and manufacturing?

Answered Question 8744 (2026)
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Asked by

Barbara Edmonds

Member for Mana · Labour Party

Question

  • What sectors, if any, of the New Zealand economy are most vulnerable to a sustained oil price increase, including transport, agriculture, and manufacturing?

Answered by

Hon Nicola Willis

List MP · National Party · Minister of Finance

Answer

Oil prices have flow-on effects to the wider economy, including from freight charges. Some sectors may be impacted more than others, for example, transport, agriculture, manufacturing and tourism.