New Zealand Food Price Index (FPI) for January 2025: +1.9% m/m (prior +0.1%)
New Zealand Food Price Index for January 2025 +1.9% m/m … yeah, I did a double-take on that!
- prior +0.1%
more to come
The RBNZ meet next week … a 50bp rate cut is expected … huh ….
- Reserve Bank of New Zealand preview – likely the final 50bp interest rate cut
- New Zealand inflation expectations remained subdued in Q1 2025
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The New Zealand Food Price Index (FPI) is a measure of the changes in the average price of food items sold in New Zealand.
- calculated and published monthly by Statistics New Zealand
- the FPI tracks the prices of a basket of food items that represent the typical spending patterns of New Zealand households
- the FPI is an important indicator of inflation in New Zealand, as food prices account for a significant portion of household expenditure
This article was written by Eamonn Sheridan at www.forexlive.com.
