New Zealand information – FPI -Zero.9% in October (prior +Zero.5%)

NZD/USD not quite a bit modified. The kiwi$ misplaced floor with the broad US greenback bid.

—

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

• calculated and printed month-to-month by Statistics New Zealand
• the FPI tracks the costs of a basket of meals gadgets that characterize the everyday spending patterns of New Zealand households
• the FPI is a vital 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.



Source link