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Annual change. +3.3%. June 2024 year. 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. Graph.
06 July 2017, 10:45am. Learn about the consumers price index (CPI) and how it can affect your household. The CPI is the measure of inflation for all New Zealand households. It records the change over time in the price of a basket of goods and services. The basket contains everything from food and household utilities to transport and health ...
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 consumers price index (CPI) measures the changing price of the goods and services New Zealand households buy. It provides a measure of inflation. To calculate CPI we select a fixed 'basket' of goods and services. We choose the items and determine their relative importance based on spending patterns. The items in the CPI basket represent how ...
Wage inflation, measured by the labour cost index (LCI), was 3.4 percent in the year ended June 2022, while average ordinary time hourly earnings rose 6.4 percent, Stats NZ said today. The LCI for all salary and wage rates (including overtime) increased 3.4 percent in the year ended June 2022, up from 3.0 percent in the year ended March 2022.
The consumers price index increased 6.7 percent in the 12 months to March 2023, according to figures released by Stats NZ today. The 6.7 percent increase follows a 7.2 percent increase in the 12 months to December 2022. “Inflation is still at levels not seen since the 1990s,” consumer prices senior manager Nicola Growden said. Graph. Table.
Annual wage inflation rises to 3.0 percent. 04 May 2022, 10:45am. Annual wage inflation measured by the labour cost index (LCI) rose to 3.0 percent in the March 2022 quarter, up from 2.6 percent in the December 2021 quarter, Stats NZ said today. “Wage inflation is at its highest level since the March 2009 quarter,” business prices delivery ...
Annual wage cost inflation measured by the labour cost index (LCI) increased to 4.3 percent in the year to the March 2023 quarter, according to figures released by Stats NZ today. “Annual wage cost inflation is at its highest level since the series began in 1992, up from 4.1 percent in the year to the December 2022 quarter,” business prices ...
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 ...
24 January 2024, 10:45am. New Zealand’s consumers price index increased 4.7 percent in the 12 months to the December 2023 quarter, according to figures released by Stats NZ today. The 4.7 percent increase follows a 5.6 percent increase in the 12 months to the September 2023 quarter. “While this is the smallest annual rise in the CPI in over ...
