New Zealand food price index for April +0.5% m/m (expected +0.4%)

NZ FPI for April 2023

Earlier from NZ:

• NZ finmin Robertson: New Zealand fiscal position remains strong and resilient

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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