New Zealand to publish new monthly price data

Central bank says the new data will be valuable for policy-making

inflation

The New Zealand government said it will publish more in-depth monthly price data starting from November 14.

This is a step towards providing complete monthly inflation data – a common practice among advanced economies. New Zealand is the only OECD country that does not produce a monthly CPI.

The new data will include price indexes for alcoholic beverages and tobacco, petrol and diesel, domestic and international airfares, and accommodation services, Statistics New Zealand announced on October

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