New Zealand inflation indicator information: December Meals Value Index +Zero.1% m/m (prior -Zero.1%)

New Zealand Meals Value Index for December 2024 is +Zero.1%

• prior was -Zero.1%

NZD/USD is barely modified.

The New Zealand Meals Value Index (FPI) is a measure of the adjustments within the common value of meals objects bought in New Zealand.

• calculated and revealed month-to-month by Statistics New Zealand
• the FPI tracks the costs of a basket of meals objects that signify the standard spending patterns of New Zealand households
• the FPI is a crucial 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 www.ubaidahsan.com.



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