New Zealand Meals Value Index July 2025:
+0.7% m/m
prior +1.2percentfor the y/y +5.0%
Earlier:
New Zealand July manufacturing PMI 52.8 (up from prior 48.8)RBNZ tipped to chop money fee to three% as inflation cools and jobless fee hits 4-year excessive
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The New Zealand Meals Value Index (FPI) is a measure of the adjustments within the common value of meals gadgets bought in New Zealand.
calculated and revealed month-to-month by Statistics New Zealandthe FPI tracks the costs of a basket of meals gadgets that signify the standard spending patterns of New Zealand householdsthe FPI is a vital indicator of inflation in New Zealand, as meals costs account for a good portion of family expenditure
This text was written by Eamonn Sheridan at investinglive.com.
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