Analytical measures of inflation

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Analytical measures of inflation

Description

Over the long term, the CPI captures the broad pattern of price change, but can be influenced by one-off events when analysing price change over shorter timeframes. To remove such influences, we calculate analytical measures of price change in an attempt to isolate the more persistent – or underlying – component of general price-level changes. Several analytical measures are constructed to give a good guide to underlying price-level change. These are a range of 'trimmed means' and a range of 'weighted percentiles' including a weighted median. We give trimmed means and weighted percentiles in table 11 and table 12 of this release.

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DDI Agency
nz.govt.stats
DDI Id
61bf78ab-9833-4616-9015-cc1c5140c3b8
DDI Version
1
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