NZ FP +0.3% m/m in September 2025 -0.4% in September 2025:
- +0.3% was originally reported but it has been corrected to -0.4%. Sheesh, that's quite a difference!!!!
- prior +0.3%
- +5.0% is the y/y
Kiwi is little changed. Circa 0.5720.
Update ... nothing to update on the NZD, still pretty much around 0.5720.
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The New Zealand Food Price Index (FPI) is a measure of the changes in the average price of food items sold in New Zealand.
- calculated and published monthly by Statistics New Zealand
- FPI makes up around 19% of the kiwi CPI
- the FPI tracks the prices of a basket of food items that represent the typical spending patterns of New Zealand households
- the FPI is an important indicator of inflation in New Zealand, as food prices account for a significant portion of household expenditure
