QoQ Change in Quarterly Consumer Price Index (CPI) in New Zealand
New Zealand| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The quarter-over-quarter (QoQ) Consumer Price Index (CPI) measures the change in the prices of goods and services purchased by consumers in New Zealand compared to the previous quarter. This data is released quarterly by Statistics New Zealand and is crucial for assessing inflation trends.
QoQ data helps to understand the progression of inflation over a short period. If the CPI is increasing, it indicates rising inflation pressures, which may erode consumer purchasing power. Conversely, if the CPI is decreasing, it suggests deflationary risks, potentially improving consumer purchasing power.
This data is essential for policymakers to evaluate inflation trends and formulate appropriate monetary policies. Additionally, it serves as a vital source of information for businesses and investors to understand inflation trends and make economic forecasts.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
