What is the New Zealand CPI?

What is the New Zealand CPI?

The consumers price index (CPI) is a measure of inflation for New Zealand households. It records changes in the price of goods and services. It influences interest rates and is used to calculate changes to benefit payments.

Where can I find CPI data?

www.bls.gov
The factors are available at www.bls.gov/cpi/tables/seasonal-adjustment/seasonal-factors-2021.xlsx.

How is NZ CPI calculated?

To calculate CPI we select a fixed ‘basket’ of goods and services. The items in the CPI basket represent how New Zealand households spend their money. We collect the prices of the goods and services in the basket over time to measure how they change.

What was the CPI for the last 12 months?

5.4 percent
Not seasonally adjusted CPI measures The Consumer Price Index for All Urban Consumers (CPI-U) increased 5.4 percent over the last 12 months to an index level of 274.310 (1982-84=100). For the month, the index increased 0.3 percent prior to seasonal adjustment.

What was CPI in 2015?

0.7 percent
The CPI rose 0.7 percent in 2015, a slightly smaller increase than the 0.8 percent rise in 2014 and the second smallest December-December increase in the last 50 years. The index has increased at a 1.9 percent annual rate over the last 10 years.

What is the CPI currently?

Related Last Reference
Consumer Price Index CPI 274.14 Sep/21
Core Inflation Rate 4.00 Sep/21
Core Consumer Prices 280.02 Sep/21
Producer Prices 129.80 Oct/21

What is the CPI right now?

Not seasonally adjusted CPI measures The Consumer Price Index for All Urban Consumers (CPI-U) increased 5.4 percent over the last 12 months to an index level of 274.310 (1982-84=100). For the month, the index increased 0.3 percent prior to seasonal adjustment.

What is the most recent CPI?

Latest Numbers

  • Consumer Price Index (CPI): +0.4% in Sep 2021.
  • Unemployment Rate: 4.8% in Sep 2021.
  • Payroll Employment: +194,000(p) in Sep 2021.
  • Average Hourly Earnings: +$0.19(p) in Sep 2021.
  • Producer Price Index – Final Demand: +0.5%(p) in Sep 2021.
  • Employment Cost Index (ECI): +1.3% in 3rd Qtr of 2021.

What is the CPI for August 2021?

5.3%
Stripping out volatile food and energy prices, the CPI rose just 0.1% for the month vs. the 0.3% estimate, and 4% on the year against the expectation of 4.2%. The 5.3% annual increase still keeps inflation at its hottest level in about 13 years, though the August numbers indicate the pace may be abating.

When was the last CPI in New Zealand?

New Zealand Consumer Price Index (CPI) – values, historical data and charts – was last updated on January of 2021. Consumer Price Index CPI in New Zealand is expected to be 1055.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

What is the Consumer Price Index in New Zealand?

The consumers price index (CPI) is a measure of inflation for New Zealand households. It records changes in the price of goods and services. It influences interest rates and is used to calculate changes to benefit payments.

What is the inflation rate in New Zealand?

New Zealand inflation rate for 2019 was 1.62%, a 0.02% increase from 2018. New Zealand inflation rate for 2018 was 1.60%, a 0.25% decline from 2017. New Zealand inflation rate for 2017 was 1.85%, a 1.2% increase from 2016. New Zealand inflation rate for 2016 was 0.65%, a 0.35% increase from 2015.

How often does New Zealand Treasury release budget forecasts?

These forecasts are usually published twice each year: the Budget Economic and Fiscal Update (BEFU) is published with other Budget documents in May of each year, and the Half Year Economic and Fiscal Update (HYEFU) is usually produced in December.

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