25 Jan 2023

Building costs help keep annual inflation rate at 7.2-percent - StatsNZ

From Midday Report, 12:16 pm on 25 January 2023

The annual inflation rate stayed at 7-point-2 percent to the end of December.

Stats NZ says it was driven by high food, household, and building costs, but partly offset by cheaper fuel.

Statistics' senior manager for the consumer price index is Nicola Growden and she joined Charlotte Cook.