17 Oct 2023

High petrol prices continue to help lift inflation

From Midday Report, 12:11 pm on 17 October 2023

There is little relief for New Zealanders struggling to make ends meet, with high petrol prices continuing help lift inflation.

Stats NZ says consumer prices rose 1.8 percent for the three months ended September, just below expectations.

But the annual inflation rate has actually eased to a two-year low.

Stats NZ senior manager of prices Nicola Growden spoke to Charlotte Cook.