20 Apr 2023

The rate of growth in the cost of living has slowed

From Midday Report, 12:43 pm on 20 April 2023

The rate of growth in the cost of living has slowed, but it's still at levels not seen since the 1990's.

Rising food prices and housing costs drove a 1.2 percent rise in the consumer price index for the three months ended March.

The annual rate fell to 6-point-7 percent, below expectations.

Stats NZ's General Manager Jason Attewell spoke to Katie Scotcher.