New Zealand Meals Value Index +zero.7% m/m (prior +1.2%)

New Zealand Meals Value Index July 2025:

+zero.7% m/m

• prior +1.2%
• for the y/y +5.zero%

Earlier:

• New Zealand July manufacturing PMI 52.eight (up from prior 48.eight)
• RBNZ tipped to chop money price to three% as inflation cools and jobless price hits Four-year excessive

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The New Zealand Meals Value Index (FPI) is a measure of the adjustments within the common value of meals objects offered 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 characterize the standard 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 investinglive.com.