New Zealand households face rising cost of living

STORY: New Zealand households face rising cost of living DATELINE: Oct. 26, 2022 LENGTH: 00:01:16 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of street views of Wellington 2. various of people shopping in supermarkets and malls 3. various of street views STORYLINE: The cost of living for the average household increased by 7.7 percent year on year, with increasing prices widely felt across all household groups in the September 2022 quarter, New Zealand's statistic department Stats NZ said on Wednesday. All household groups faced their highest annual cost-of-living increase since the series began in 2008, Stats NZ said. "Higher prices for housing and food were the main contributors to the increase across all the household groups," consumer prices manager Katrina Dewbery said in a statement. Each quarter, the household living-costs price indexes (HLPIs) measure how inflation affects 13 different household groups, plus an all-households group, or the average household. The consumer price in

New Zealand's annual food price increase remains at 13-year high

STORY: New Zealand's annual food price increase remains at 13-year high DATELINE: Oct. 14, 2022 LENGTH: 0:01:16 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of street views of Wellington 2. various of people shopping in supermarkets and malls 3. various of street views STORYLINE: Food prices were 8.3 percent higher in September 2022 compared with September 2021, New Zealand's statistics department Stats NZ said on Thursday. The annual increase was also 8.3 percent in August 2022, the highest since July 2009, Stats NZ said. In September 2022, the annual increase was due to rises across all the broad food categories measured, with grocery food being the largest contributor to this movement, it said. "Increasing prices for yogurt, two-minute noodles, and tomato-based pasta sauce were the largest drivers within grocery food," said consumer prices manager Katrina Dewbery. Xinhua News Agency correspondents reporting from Wellington. (XHTV)