New Zealand data: Food Price Index (November) -0.2% m/m (prior -0.9%)
<p>NZD/USD is little changed around 0.6135.</p><p>Earlier:</p><ul><li><a href="https://www.forexlive.com/news/new-zealand-data-q3-current-account-is-a-bigger-deficit-than-was-expected-20231212/" target="_blank" rel="follow" data-article-link="true">New Zealand data: Q3 Current Account is a bigger deficit than was expected</a></li></ul><p>—</p><p>The New Zealand Food Price Index (FPI) is a measure of the changes in the average price of food items sold in New Zealand.</p><ul><li>calculated and published monthly by Statistics New Zealand</li><li>the FPI tracks the prices of a basket of food items that represent the typical spending patterns of New Zealand households</li><li>the FPI is an important indicator of inflation in New Zealand, as food prices account for a significant portion of household expenditure</li></ul>
This article was written by Eamonn Sheridan at www.forexlive.com.
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