Source: MIL-OSI Submissions
Impacts of COVID-19 on the methodology used for the June 2020 quarter CPI
9 July 2020
COVID-19 has created some unprecedented data collection and methodological challenges for the consumers price index (CPI). As a result of the lockdown, in-person collection of data from stores ceased from the end of March until early June. Contacting business respondents was also more difficult under lockdown conditions. At the same time, production and consumption of goods and services were interrupted and household consumption patterns changed.
We have published a summary of the impacts of COVID-19 on the methodology used for the June 2020 quarter consumers price index (CPI). We focus on collection issues, imputation to replace missing prices, and reweighting the CPI basket to reflect changing household spending patterns in New Zealand.
See Impacts of COVID-19 on the methodology used for the June 2020 quarter CPI.
Consumer price index: June 2020 quarter will be published on 16 July 2020.