New Zealanders will have access to monthly inflation data from July 2027 as part of a major upgrade to the country’s economic statistics, Statistics Minister Scott Simpson says.
“Moving to monthly Consumers Price Index (CPI) reporting is one of the biggest improvements to New Zealand’s economic statistics in decades.
“Instead of waiting three months to understand how prices are changing, New Zealanders, businesses and decision-makers will have access to monthly updates. That means better-informed household, business and government decisions,” Mr Simpson says.
This is a small but significant change. Three months is too long to wait for inflation data. Most countries have monthly inflation updates, so good we will also.
David Farrar runs Curia Market Research, a specialist opinion polling and research agency, and the popular Kiwiblog where this article was sourced. He previously worked in the Parliament for eight years, serving two National Party Prime Ministers and three Opposition Leaders
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