Topics
Concept
Name
Index reference period
en-NZ
Label
Index reference period
en-NZ
Description
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 similar fashion. The CPI has an index reference period of the June quarter 2017 =1000.
en-NZ