Cost of living climbed over 8% in 2022

Thu, 02 Feb 2023

No household group was left unaffected by the rising costs of living, Statistics New Zealand says.Overall household inflation jumped 8.2% between the December 2021 quarter and December 2022, while household costs for beneficiaries rose 6.9%, and 8.1% for Māori.Highest-spending households were the most pinched and saw a 9.4% cost of living hike while the lowest-spending households saw a 7.1% jump.“Higher prices for housing, food, and transport were the main contributors to the increase across all household groups,” Stats NZ's con...

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