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Food Price Index
- Average Hourly Earnings
- Balance of Payments
- Building Permits
- Consumer Price Index
- Food Price Index
- Gross Domestic Product
- Labour Cost Index
- Manufacturing Activity
- NBNZ Business Confidence
- Producer Input Prices
- Producer Output Prices
- Purchasing Managers Index
- RBNZ Meeting Announcement
- Retail Sales
- Trade Balance
- Unemployment Rate
Food Price Index
The indicator reflects changes in food prices. Higher food prices can result in economic slowdown because less disposable income will be used for non-food expenditures. Higher food prices can also result in inflation and signal future monetary action.
The indicator has little influence on the New Zealand dollar and is only important from the perspective of the fact that New Zealand is an agricultural country, and a substantial part of its GDP is export of agricultural products. Thus, the indicator reflects the needs of products of New Zealand and its national currency.
- Release Frequency: monthly.
- Release Schedule: 22:45 GMT, 1-2 weeks after the reporting month.
- Source: Statistics New Zealand.