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Next release. Selected price indexes: August 2024 will be released on 12 September 2024. Food prices in New Zealand increased 0.6 percent in the 12 months to July 2024, following a 0.3 percent decrease in the 12 months to June 2024.
Business price indexes – DataInfo+ gives the methodology used to produce business price indexes, including for the latest quarter. Business price indexes concepts – DataInfo+ gives definitions of terms used in this release.
Business price indexes include the producer's price index (PPI), capital goods price index (CGPI), and farm expenses price index (FEPI). Consumers price index (CPI) measures the changing price of the goods and services New Zealand households buy. It provides a measure of inflation. Food price index (FPI) measures the changes in prices that ...
The food price index (FPI) measures the changes in prices that households pay for food. We measure the price change by tracking the prices of individual food items that make up a representative food basket. The FPI basket is organised into five subgroups: fruit and vegetables. meat, poultry, and fish. grocery food.
Average quarterly prices. The average price for 1 litre of 91 octane petrol was $2.67 in the March 2022 quarter, up from $2.45 in the December 2021 quarter, and up from $2.00 in the March 2021 quarter. The average price for 1 pack of 25 cigarettes was $44.66 in the March 2022 quarter, up from $42.74 in the December 2021 quarter, and up from $42 ...
Overseas accommodation will continue to be reintroduced when each region we price returns to at least 20 percent of its expenditure value. The weight for overseas accommodation is now about 90 percent lower than pre-COVID-19 levels (compared with about 80 percent lower for the 2020 CPI reweight), which means more regions were included than previously as it is now much easier for these routes ...
New Zealand’s consumers price index increased 3.3 percent in the 12 months to the June 2024 quarter, according to figures released by Stats NZ today. The 3.3 percent increase follows a 4.0 percent increase in the 12 months to the March 2024 quarter. “The 3.3 percent annual price increase is below what was seen during the peak in 2022, and ...
The trimmed-mean measures – which excludes extreme price movements – ranged from 4.4 to 4.6 percent in the 12 months to March 2024 quarter. This indicates that underlying inflation is higher than the 4.0 percent increase in the CPI. In the March 2024 quarter, quarterly trimmed-means ranged between 0.7 and 0.8 percent.
The consumers price index (CPI), New Zealand's best known measure of inflation, measures the rate of price change of goods and services purchased by households. The CPI consists of a basket of goods and services that represent purchases made by households. The goods and services in the basket, and their relative importance, are reviewed every ...
The trimmed-mean measures – which exclude extreme price movements – ranged from 5.0 to 4.9 percent in the 12 months to the December 2023 quarter. This indicates that underlying inflation is higher than the 4.7 percent increase in the CPI. In the December 2023 quarter, quarterly trimmed means ranged between 0.6 and 0.7 percent.
