World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 


Cigarettes lead Tokelau’s annual CPI rise

Cigarettes lead Tokelau’s annual CPI rise for second consecutive quarter

Friday, 31 January 2014, 12:00 pm (SDT)

The consumer price index (CPI) for Tokelau increased 2.1 percent for the year to the December 2013 quarter, the Tokelau National Statistics Office said today.

“The largest group contribution to the annual increase of 2.1 percent came from the alcoholic beverages and tobacco group, up 8.8 percent,” said National Statistician Kele Lui, “Cigarettes were again the most significant driver of the increase, with prices up 12.3 percent for the year."

“In Tokelau, each nuku sets its own pricing policies. Sometimes the price a consumer pays for one good might be increased, in order to decrease the price of another good,” said Mr Lui.

During the September 2013 quarter the consumer price for cigarettes was increased by nuku policy.

This continues to have a significant impact on the annual CPI movement.

By group, the largest downward contribution for the year to December came from the food and nonalcoholic beverages group, down 2.7 percent. The key individual downward contribution came from lower prices for chicken pieces, down 10.3 percent.

“While the CPI has increased for the year to the December quarter, families in Tokelau will be pleased to note that the price of food and non-alcoholic beverages has decreased for the year,” said Mr Lui.

For the December 2013 quarter, the CPI rose by 3.0 percent.

For the quarter the main upward contribution came from the food and non-alcoholic beverages group, up 4.0 percent. Higher prices for washing powder (up 63.5 percent) made the most significant upward contributor for the group.

Significant upward contributions also came from higher prices for biscuits and crackers (up 28.0 percent), canned fish (up 21.1 percent), sugar (up 13.2 percent), milk powder (up 14.1 percent), and cigarettes (up, 2.4 percent).

Countering these increases, prices decreased for mayonnaise (down 11.9 percent), long-life milk (down 5.1 percent), flour (down 10.5 percent), and chicken pieces (down 2.2. percent).

Tokelau is one of the world’s most geographically isolated countries, and home to 1,383 people.

The CPI measures the rate of price change of goods and services purchased by Tokelau households.

Further information on the CPI, including tables and technical notes, is available from http://TokelauNSO.tk

ENDS

© Scoop Media

 
 
 
 
 
World Headlines

 

Westminster: NZ PM Condemns London Attack

“London is a place many thousands of New Zealanders have visited and called home, and where many more have friends and family based, so this attack feels very close to home,” Mr English says. More>>

ALSO:

Amnesty: Campaign Mass Hangings And Extermination At Syrian Prison

A chilling new report by Amnesty International exposes the Syrian government’s calculated campaign of extrajudicial executions by mass hangings at Saydnaya Prison. Between 2011 and 2015, every week and often twice a week, groups of up to 50 people ... More>>

Russian Hack Job?: White House - Actions In Response To Russian Malicious Cyber Activity & Harassment

President Obama authorized a number of actions in response to the Russian government’s aggressive harassment of U.S. officials and cyber operations aimed at the U.S. election in 2016. More>>

Israel/Palestine: Michael Field - Background To How Israel Nearly Went To War With New Zealand

New Zealand and Senegal managed to get the United Nations Security Council to pass resolution 2334 which said Israel’s settlements in Palestinian territory violate international law and undermine a two-state solution in Israel's conflict with Palestine. More>>

ALSO:

US Indigenous Affairs: How President Obama Has Protected Our Sacred Land

I am very proud to be both Navajo and American. As the President of the Navajo Nation, I’ve dedicated my life to ensuring that, as a Navajo, my story -- and our stories -- are part of our collective American history. Today, I want to share one of those stories with you. More>>

Get More From Scoop

 
 
 
 
World
Search Scoop  
 
 
Powered by Vodafone
NZ independent news