DVD's, MP3 players, sewing machines OUT, craft beer, Airbnb, clothing alterations IN

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Uber and Airbnb are changing the way New Zealanders use technology - with the consumers price index (CPI) having to keep up with changing trends and adding what's now known as the sharing economy to its basket.

The new inflation gauge reflects a country that, while still mad about rugby and beer, increasingly prefers the craft kind of beer and "body massages at beauty spas", noted Jason Attewell, a senior manger at Statistics New Zealand.

"People are changing what they buy to keep up with changes in technology, and as a result, we're removing several items from the CPI basket", Attewell said. No longer included in the basket of goods are items like satellite-navigation units for vehicles, DVD and Blu-ray players, MP3 players, and DVD rentals.

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"At the same time, we're seeing increased spending on technology accessories like headsets and cellphone cases".

"We added the electric lightbulb to the basket in the 1920s, televisions and record players in the 1960s, microwaves and auto stereos in the 1980s, and MP3 players and digital cameras in the 2000s".

As well as components of the basket, Statistics New Zealand reviews the relative contribution of the main categories within the CPI.

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Housing and food remain the most important items in the basket, accounting for nearly half of people's spending.

Housing and food remain the most important items in the basket, accounting for nearly half of people's spending, while craft beer and massages join the inflation brew.

At the same time, sewing machines are out of the inflation basket, but clothing alterations are now in.

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Stats NZ reviews the CPI basket of goods and services every three years to ensure it remains relevant.

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