Stats NZ confident March quarter CPI data is robust

Thu, 16 Apr 2020

Almost half of the prices collected for Stats NZ's consumers price index are done by field collectors in-store, something that was halted by the covid-19 lockdown.Most of the quarterly collection had been completed when the covid-19 lockdown began to impact, Stats NZ said. “We had collected almost as much price data as usual, and are confident that this data is reliable,” it said.Data collected from websites was minimal. For example, in the final week of March it used fuel prices from Gaspy, a crowd-sourced database of retail fuel prices f...

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