New Zealand data: FPI -0.1% in November (prior -0.9%)

New Zealand Meals Worth Index for November 2024 is -0.1%

• prior was -0.9%

The New Zealand Meals Worth 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 characterize 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

Earlier from NZ:

• New Zealand November providers PMI improves however stays in contraction at 49.5 (prior 46.2)

NZD/USD is little modified round 0.5754.

This text was written by Eamonn Sheridan at www.forexlive.com.



Source link