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.
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