Exchange rate movements and consumer prices: some perspectives

Miles Parker

Reserve Bank of New Zealand Bulletin, 2014, vol. 77, No 1, 41 pages

Abstract: Economic developments in the rest of the world affect New Zealand consumer prices. This article traces the channels through which the consumers price index (CPI) is affected by the exchange rate. Changes in the exchange rate that result from changes in the prices of commodities New Zealand exports appear to have had materially different inflationary implications than other changes in the exchange rate.

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:nzb:nzbbul:mar2014:03

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