How much of what New Zealanders consume is imported? Estimates from input-output tables

Release date
01/09/2014
Reference
AN2014/05
Author
Miles Parker
ISSN
2230‐5505
Imports make up a substantial proportion of what New Zealanders' spend, both directly, and through the imported inputs used in goods and services produced locally. This note uses input-output tables to estimate the total share of imports in the expenditure bases that lie behind two measures of consumer inflation, the CPI and the implicit deflator for household consumption expenditure.