Annual inflation remains at 7.2 percent – Media release
25 January 2023
The consumers price index increased 7.2 percent in the 12 months to December 2022, Stats NZ said today.
The 7.2 percent increase follows another 7.2 percent annual increase in the September 2022 quarter, and a 7.3 percent increase in the June 2022 quarter.
Housing and household utilities was the largest contributor to the December 2022 annual inflation rate. This was due to rising prices for both constructing and renting housing.
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