Topics
Series
-
Consumers Price Index
en-NZ
Studies
Concept
Name
Index points contributions
en-NZ
Label
Index points contributions
en-NZ
Description
Items mentioned in this release are often those that made a large contribution to the overall movement in the CPI. An item's contribution is a combination of its weight in the index (ie its relative importance, based on its share of household spending on goods and services covered by the CPI) and the magnitude of price movement. For example, for two items recording the same percentage rise in price, the item with the larger weight in the CPI will make a larger contribution to the overall movement. This contribution is also referred to as points (or index points) contribution.
en-NZ