2024 Cost Of Living Increase Rates Nz

2024 Cost Of Living Increase Rates Nz. The consumers price index (cpi) is a measure of inflation for new zealand households. On this day benefits and some financial supports are adjusted to account for the cost of living (inflation) or average wage growth.


2024 Cost Of Living Increase Rates Nz

In the year to december 2023, the increase was 7 percent. From 1 september 2024, the living wage hourly rate is $27.80.

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