Citation Information
Title
Consumers Price Index: December 2014 quarter
Alternate Title
CPI
Creator
Prices
Publisher
Statistics New Zealand
Rights
Statistics New Zealand
Series Information
Series Name
Consumers Price Index
Abbreviations
CPICoverage Information
Temporal Coverage
- 2014-10 to 2014-12
Topical Coverage
- Price indexes
- Consumers Price Index (CPI)
- Food Price Index (FPI)
- Consumers
- CPI
- Food
- FPI
- Inflation
- Price
- Retail price
- Cost of living
- Monetary policy
- Tradables
- Non-tradables
- Trimmed means
- Weighted percentiles
- Goods
- Basket
- Expenditure
- Household expenditure
Kind Of Data
Other
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Caveats on release
Caveats on release
Imputation Due to unavailability at the time of price collection, on average we impute 1–2 percent of prices(not including seasonal items such as winter clothing) each quarter. We often do this by carrying forward the previous quarter’s price. Other imputation we do is to apply the movements of similar categories of items.
For the December 2014 quarter, we also imputed quarterly price movements for prices collected directly from retail outlets for the following regional pricing centres:
- Whangarei – imputed from Hamilton
- Napier-Hastings – from Tauranga
- New Plymouth – from Hamilton
- Palmerston North – from Hamilton
- Nelson – from Dunedin
- Invercargill – from Dunedin.
We did not receive prices for the above pricing centres during the December 2014 quarter, due to industrial action by some price collectors.
The December quarter also includes monthly prices collected for food and some non-food items. On average, we impute 0.7 percent of prices (not including seasonal fresh fruit and vegetables) in a typical month. For the December 2014 quarter CPI, we imputed November monthly food price movements for the prices collected directly from retail outlets, for the following regional pricing centres:
- Whangarei – imputed from Hamilton
- Napier-Hastings – from Tauranga
- New Plymouth – from Hamilton
- Invercargill – from Dunedin.
Industrial action by some price collectors meant we didn't receive prices for the above pricing centres during November 2014.
We also imputed November and December food and non-food monthly price movements for the prices collected directly from retail outlets in Palmerston North from Hamilton.