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Inflation
LOW IMPACTNZ FPI m/m
Track the NZ FPI m/m to gauge inflation trends, vital for Forex strategies as it precedes quarterly major inflation data.
Overview
Despite being one of the more volatile components of consumer prices, this indicator attracts attention since New Zealand's key inflation figures are published quarterly.
Key Information
What it Measures
Variation in the prices of food and food services acquired by households.
Usual Effect
'Actual' results exceeding 'Forecast' positively influence the currency.
Source & Frequency
Statistics New Zealand (latest release) - https://www.stats.govt.nz/ • Published monthly, approximately 13 days following the end of the month.
How Data is Derived
N/A
Also Known As
N/A
Acronym
Food Price Index (FPI)