Inflation drops: Is the cost of living crisis easing?

15/10/2024 5 min
Inflation drops: Is the cost of living crisis easing?

Listen "Inflation drops: Is the cost of living crisis easing?"

Episode Synopsis

Stats NZ has released the latest Consumer Price Index figures for the September 2024 quarter. It shows inflation has dropped to 2.2%, down from 3.3% in the June quarter, and is back within the Reserve Bank's 1-3% target range.
Economist Shamubeel Eaqub explains what this means for our wallets and purses...
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