YoY 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 year-over-year (YoY) quarterly Consumer Price Index (CPI) measures the change in the prices of goods and services purchased by consumers in New Zealand compared to the same quarter in the previous year. This data is released quarterly by Statistics New Zealand and is crucial for assessing inflation trends.
YoY data helps to understand the extent of inflation progression. 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 | ||
