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Rising Cost Of Living w/ Martin Berka: April 22, 2022

Rising Cost Of Living w/ Martin Berka: April 22, 2022

Rising Cost Of Living w/ Martin Berka: April 22, 2022 Rising Cost Of Living w/ Martin Berka: April 22, 2022, 22 MB
Friday, April 22, 2022

The release of the consumer price index has revealed that New Zealand has undergone a record six point nine percent rise in cost of living, being its highest increase in thirty years. 

Finance Minister Grant Robertson has stated that this was caused by the global pressures of the pandemic and Russia's war on Ukraine. 

However, National leader Christopher Luxon says the government continues to be "addicted to spending” .

With economists expecting the forecast to rise, Liam spoke to Martin Berka, an economics professor at Massey University, about the increase.