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Meal Kits, Cruises, And Smart Watches Added To CPI Basket In Latest Update
People are spending more on delivered meal kits and smart watches, but less on older technology such as DVDs, home telephone line rentals, and national toll calls, Stats NZ said today.
Following changes in what New Zealand households typically spend their money on, the consumers price index (CPI) basket of goods and services has been updated. The CPI basket is used to measure inflation.
“Changing spending patterns and consumer tastes mean it’s important to update the CPI basket so it remains relevant and reflects New Zealand society,” consumer prices spokesperson Nicola Growden said.
Delivered meal kits and cruises have been added to the basket from this quarter.
- Meal kits, cruises, and smart watches added to CPI basket in latest update: https://www.stats.govt.nz/news/meal-kits-cruises-and-smart-watches-added-to-cpi-basket-in-latest-update/
- Consumers price index: March 2025 quarter: https://www.stats.govt.nz/information-releases/consumers-price-index-march-2025-quarter/
- Consumers price index review: 2024: https://www.stats.govt.nz/methods/consumers-price-index-review-2024/
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