Update to goods & services measured in Statistics NZ's Consumers Price Index unfunded & delayed - News Summed Up

Update to goods & services measured in Statistics NZ's Consumers Price Index unfunded & delayed


Statistics NZ's CPI. Price change is measured by tracking the prices of individual items that make up a representative basket of goods and services. Statistics NZ last reviewed the CPI in 2020, with four items added to the CPI basket and 13 removed. According to Statistics NZ's 2022/23 annual report, it received $366.209 million from the Crown, and had total revenue of $382.325 million. Bayly 'engaging with officials'Bayly told interest.co.nz, via a spokesman, whilst the Statistics NZ work remains unfunded, reweighting the CPI basket is a priority for him.


Source: Stuff February 10, 2024 02:14 UTC



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