> New Zealand data - Food Price Index (August) +0.2% m/m (prior +0.4%)

New Zealand data - Food Price Index (August) +0.2% m/m (prior +0.4%)

While core inflation is usually the most focus, the FPI in New Zealand can give the kiwi $ a bit of a wiggle from time to time.

Wednesday, 11/09/2024 | 22:45 GMT

NZD little changed

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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