New Zealand March meals costs +Zero.5% m/m (prior -Zero.5%)

The New Zealand Meals Worth Index (FPI) is a measure of the adjustments within the common value of meals objects bought in New Zealand.

The New Zealand Meals Worth Index (FPI) is a measure of the adjustments within the common value of meals objects bought in New Zealand.

• calculated and printed month-to-month by Statistics New Zealand
• the FPI tracks the costs of a basket of meals objects that symbolize the everyday spending patterns of New Zealand households
• the FPI is a crucial indicator of inflation in New Zealand, as meals costs account for a good portion of family expenditure

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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