Inflation hits the 'six' mark
Food prices the biggest driver of annual inflation, which eased to 6% in the year to June, according to Stats NZ data.
Illustration: Michael Hickmott.
Jonathan Mitchell
Wed, 19 Jul 2023
Annual inflation has fallen roughly in line with expectations, with food the largest price driver.
Stats NZ data out today shows inflation fell from 6.7% in the year to March, to 6% in the year to June, still at three decade highs – although on a quarterly basis the lowest level in over two
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Jonathan Mitchell
Wed, 19 Jul 2023
Contact the Writer: jmitchell@nbr.co.nz
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