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Monday, October 10, 2011

New Zealand Adds Tablet Computers, Hard Drives to Consumers Price Index

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By Tracy Withers - Oct 10, 2011 4:59 AM GMT+0700

New Zealand added tablet computers, external hard drives and flatbread in a three-yearly review of the consumers price index, its primary inflation measure.

Electronic book readers and flatbread also joined the index, Statistics New Zealand said in an e-mailed statement. Gas heaters, dictionaries and envelopes have been removed.

The review is based on the Household Economic Survey, conducted between June 2009 and June 2010, immediately after the economy came out of recession, the statistics agency said. As a result there were decreases in the relative importance of furniture, cars, household appliances, real estate services and home purchases, while food, electricity and house rentals became more important, it said.

To contact the reporter on this story: Tracy Withers in Wellington at twithers@bloomberg.net

To contact the editor responsible for this story: Stephanie Phang at sphang@bloomberg.net


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