19 Jul 2023

Inflation drops to 6 percent

From Nine To Noon, 10:55 am on 19 July 2023

Inflation has fallen to its lowest level since late 2021, with Stats NZ reporting a 1.1 per cent rise in consumer prices for the three months ended June. 

The annual inflation rate fell to 6.0 per cent from 6.7 per cent in March. Kathryn speaks to RNZ Business Editor Gyles Beckford. 

New Zealand banknotes, pen and calculator on background with rising trend green line

Photo: 123RF