Prices inched up for high-spending households in the December quarter

Thu, 31 Jan 2019

By Rebecca Howard Feb. 1 (BusinessDesk) - High-spending households were hit by rising airfares and rental car costs in the December quarter while lower spending ones got some relief from cheaper vegetables. High-spending households saw their cost of living lift 0.2 percent on the quarter while the lowest-spending ones saw it dip 0.1 percent, Statistics New Zealand said. High-spending households were hit by a rise in international airfares and rental car prices, consumer prices manager Caroline White said. “Low-spending households don’...

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