Mark Smith: ASB economist predicts high consumer prices and interest rates will push up household budgets
The Mike Hosking Breakfast - A podcast by Newstalk ZB - Wednesdays
Living costs are expected to grow for everyone, but some may feel the pain more than others. Stats NZ will release its latest annual statistics on household incomes, housing costs and child poverty rates today. ASB Bank predicts high consumer prices and interest rates will push up household budgets about $150 per week this year. But senior economist Mark Smith says some families will fare far worse. LISTEN ABOVE See omnystudio.com/listener for privacy information.
