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Article: A note on the Reserve Bank inflation calculator.(New Zealand. Reserve Bank of New Zealand)
- Article from:
- The Reserve Bank of New Zealand Bulletin
- Article date:
- December 1, 2004
- Author:
CopyrightCOPYRIGHT 2004 Reserve Bank of New Zealand. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In June 2003 the Reserve Bank published an inflation calculator ("the Calculator") on its website. This application enables interested users to calculate the effect of inflation on a "basket" of goods and services between two dates selected by the user. The Calculator has attracted significant attention, and well over 20,000 "hits" were recorded on the Calculator's home page during 2004. Links to the Calculator were established on a number of financial, educational and government websites, including Statistics New Zealand and the official New Zealand government historical site. This article documents an extension to the Calculator, enabling it to provide estimates of ...