New Zealand Food Price Index for April 2025
+0.8% m/m
- prior +0.5%
+3.7% y/y
- prior +3.5%
This data was out earlier. I didn’t post it due to the oil news:
- Media reports that Iran is ready to sign an agreement for relief from sanctions
- More on “Iran is ready to sign a nuclear deal” if sanctions lifted
Oil update while we’re here:
—
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
- 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
This article was written by Eamonn Sheridan at www.forexlive.com.
