2024 Cost Of Living Increase Rate Nz. In the hlpis, interest payments increased by 28 percent for the average household in the 12 months to the march 2024 quarter. The consumers price index (cpi) measures the rate of price change of goods and services purchased by new zealand households.
This is an increase of $2.35 or 9.9% on the 2022/23 rate. Cpi inflation is set to be 3.4 per cent in the year to june, 2.2 per cent next june and 2 per cent in.