Source: MIL-OSI Submissions
23 October 2020
People are spending more on vaping, including e-cigarettes, but less on fading technology such as cordless phones, CDs, and travel guides, Stats NZ said today.
As a result of these changes in what the typical New Zealander buys, the consumers price index (CPI) basket of goods and services used to measure inflation is being updated after a three-yearly review.
“The CPI basket reflects New Zealand society and how tastes and spending patterns change over time,” prices index development team manager Fiona Smillie said.
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