Cost Of Living 2024 Forecast Nz. Consequently, higher, and more persistent than expected inflation will continue to be tackled by tightening in monetary conditions throughout 2023 and into 2024, as also. And new house construction costs and council rates increased 3% and 9.6% respectively.

Beneficiaries, māori, income quintiles (five groups), expenditure. In the hlpis, interest payments increased by 28 percent for the average household in the 12 months to the march 2024 quarter.