Household living costs increase 3.8 percent – Stats NZ media and information release: Household living-costs price indexes: September 2024 quarter

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Source: Statistics New Zealand

Household living costs increase 3.8 percent 5 November 2024 – The cost of living for the average New Zealand household increased 3.8 percent in the 12 months to the September 2024 quarter, according to figures released by Stats NZ today.

The 3.8 percent increase, measured by the household living-costs price indexes (HLPIs), follows a 5.4 percent increase in the 12 months to the June 2024 quarter. The most recent high was 8.2 percent recorded in the 12 months to the December 2022 quarter.

Meanwhile, inflation – as measured by the consumers price index (CPI) – was 2.2 percent in the 12 months to the September 2024 quarter, following a 3.3 percent increase in the 12 months to the June 2024 quarter. The most recent CPI high was 7.3 percent, recorded in the 12 months to the June 2022 quarter. Consumers price index has more information.

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