Inflation remains stable at 7.2% in December quarter

Inflation remains stable at 7.2% in December quarter
Riley Kennedy
The annual pace of inflation has remained stable in the final quarter of the year. But it still remains hot with large increases in housing, food and transport costs.The consumer price index lifted at an annual rate of 7.2% in the December quarter of 2022 – which was the same as the prior quarter – with quarterly inflation coming in at 1.4%.According to Statistics New Zealand, the largest influence on the annual rate in the December quarter was housing and household utilities, which increased by 8% due to rising prices for both cons...

More Finance

JPMorgan is revamping Its bank for the superrich
Finance

JPMorgan is revamping Its bank for the superrich

There is a minimum required balance of US$10 million. 

Port of Auckland to pay $45m special dividend to council
Finance

Port of Auckland to pay $45m special dividend to council

The divestment proceeds will be used to top up the Auckland Future Fund.

Oliver Lewis 27 Jun 2025
$600m in tourist spend at risk from regulation: Mastercard
Finance

$600m in tourist spend at risk from regulation: Mastercard

When Europe cut interchange fees, foreign card decline rates soared.

Pattrick Smellie 27 Jun 2025