Topics
Concept
Name
Index reference
en-NZ
Label
Index reference
en-NZ
Description
The FPI has an index reference period of the June 2006 month (=1000). This is the benchmark to which prices in other periods are compared (eg if the index number in a later period is 1150, prices have increased by 15.0 percent since the index reference period). Prices for later periods can also be compared in the same fashion.
en-NZ