New Zealand Consumer Price Index (CPI) y/y measures the change in prices of a fixed basket of goods and services from the consumer perspective in the reported quarter compared to the same quarter of the previous year. The basket contains goods of unchanging quality and quantity, so the index purely measures changes in consumer prices.
The indicator is considered to be one of the key measures of New Zealand's inflation. A higher than expected reading is seen as positive for the New Zealand dollar.
The chart of the entire available history of the "New Zealand Consumer Price Index (CPI) y/y" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.
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The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.