Inflation exceeded expectations to hit 7.3 per cent this week. The highest level seen since 1990.
Everything from construction costs to petrol and food have increased in price, heaping pressure on the economy. New Zealand already ranked as one of the most expensive places to live, so what does this mean for Kiwi families struggling to make ends meet?
Damien speaks to Westpac chief economist Satish Ranchhod about the forces driving New Zealand’s cost of living skywards.
Follow The Front Page on iHeartRadio or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Damien Venuto
Producer: Shaun D Wilson
Editor: Paddy Fox
See omnystudio.com/listener for privacy information.
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