NZ Herald·2 min read·medium

‘Simple things make it really difficult’: Why pensioner households have had fastest inflation

R
RNZ
‘Simple things make it really difficult’: Why pensioner households have had fastest inflation
AI Summary

Pensioner households in New Zealand are experiencing the highest annual inflation rate, driven by significant increases in electricity, rates, and petrol prices. Many elderly individuals, especially those on fixed incomes like NZ Super, are struggling to absorb these rising costs, leading to cutbacks on essentials and potential health impacts.

Superannuitant households had the highest annual inflation rate of any household type, Stats NZ data shows. Photo / RNZ

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
economysocial justiceculture

Get the full story

Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.

Create free account

Already have an account? Sign in