Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


Consumers Price Index: September 2005 Quarter

Consumers Price Index: September 2005 Quarter

Petrol Pushes up CPI

The Consumers Price Index (CPI) increased 1.1 percent in the September 2005 quarter, Statistics New Zealand said today. The most significant contributions to the increase came from higher prices for transportation and housing.

Transportation prices were up 3.5 percent in the September 2005 quarter, with the most significant increases coming from petrol (up 13.1 percent) and international air travel (up 3.0 percent). If petrol prices had not changed from the June 2005 quarter to the September 2005 quarter, the CPI would have increased 0.7 percent.

Housing prices increased 1.6 percent in the September 2005 quarter, mainly due to price increases for local authority rates (up 6.2 percent), and the purchase and construction of new dwellings (up 1.0 percent).

Over the 12 months to the September 2005 quarter, the CPI rose 3.4 percent. The most significant price rises were for petrol (up 20.3 percent), and the purchase and construction of new dwellings (up 6.6 percent). Significant price falls came from international air travel (down 5.1 percent) and fresh vegetables (down 11.8 percent). Further, if prices for petrol had remained unchanged from the September 2004 quarter to the September 2005 quarter, the CPI would have increased 2.7 percent.

In the September 2005 quarter, the non-tradable component (up 1.1 percent) made the largest contribution to the CPI all groups movement. The tradable component increased 1.1 percent in the quarter.

Brian Pink
Government Statistician


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Covid-19: Govt Purchases Enough Pfizer Vaccines For Whole Country

The Government has guaranteed that every New Zealander will have access to the Pfizer/BioNTech vaccine, after securing an additional 8.5 million doses, Prime Minister Jacinda Ardern announced today.

“The Government has signed an advance purchase agreement for 8.5 million additional doses, enough to vaccinate 4.25 million people... More>>


Earthquakes: Tsunami Activity – Cancelled

The National Advisory issued at 2:48pm following this morning's earthquakes near the KERMADEC ISLANDS REGION is cancelled.
The advice from GNS Science, based on ocean observations, is that the Beach and Marine threat has now passed for all areas... More>>

Joint Press Release: Dirty PR Exposed In Whale Oil Defamation Trial

Three public health advocates are relieved that their long-standing Whale Oil defamation trial against Cameron Slater, Carrick Graham, Katherine Rich and the Food and Grocery Council has finally concluded and they are pleased that the truth has come out... More>>


Government: Next Stage Of COVID-19 Support For Business And Workers

The Government has confirmed details of COVID-19 support for business and workers following the increased alert levels due to a resurgence of the virus over the weekend... More>>


Maori Party: New National Executive

This morning the Māori Party confirmed their new National Executive including Che Wilson, Fallyn Flavell, John Tamihere and Kaiarahi Takirua: Rawiri Waititi and Debbie Ngarewa-Packer... More>>

Government: Balanced Economic Approach Reflected In Crown Accounts

New Zealand’s economic recovery has again been reflected in the Government’s books, which are in better shape than expected.
The Crown accounts for the seven months to the end of January 2021 were better than forecast in the Half Year Economic and Fiscal Update (HYEFU)... More>>

Covid-19: Auckland Back To Alert Level Three After One New Community Case Revealed

Auckland will move to alert level three for a week at 6am tomorrow morning after two new Covid-19 community cases announced this evening could not be directly linked to earlier cases, the Prime Minister has confirmed.
The rest of the country will move to level two.... More>>

NZ Initiative: New Report Highlights How Our Housing Crisis Could Worsen If We Don’t Act Now

If New Zealand politicians thought the housing crisis in 2020 was bad, the worst is yet to come, warns a new report by The New Zealand Initiative. In The Need to Build: The demographic drivers of housing demand , Research Assistant Leonard Hong ... More>>




InfoPages News Channels