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New Zealand Food Price Index (FPI) for January 2025: +1.9% m/m (prior +0.1%)
NZD
New Zealand Food Price Index for January 2025 +1.9% m/m ... yeah, I did a double-take on that!
- prior +0.1%
more to come

The RBNZ meet next week ... a 50bp rate cut is expected ... huh ....
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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
Source: Forex Live