Inflation Remaining Stagnant w/ Robert MacCulloch: January 26th, 2023

New data from Stats NZ has recently shown the rate of annual inflation in Aotearoa has remained stagnant at 7.2 percent. 

Food, construction and airfare prices have gone up, however the dropping prices of fuel have led the mean to being balanced where it was.

The news came in conjunction with the swearing in of Chris Hipkins as the new prime minister, who has stated his biggest priority is the cost of living crisis for lower and middle income New Zealanders. 

To learn more about what the numbers mean, Liam spoke to UoA economist Robert MaCulloch.