Podcasts Other The Mike Hosking Breakfast Mark Smith: ASB economist predicts high consumer prices and interest rates will push up household budgets

Mark Smith: ASB economist predicts high consumer prices and interest rates will push up household budgets

Published: March 22, 2023, 9:18 p.m.

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Living costs are expected to grow for everyone, but some may feel the pain more than others.

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Stats NZ will release its latest annual statistics on household incomes, housing costs and child poverty rates today.

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ASB Bank predicts high consumer prices and interest rates will push up household budgets about $150 per week this year.

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But senior economist Mark Smith says some families will fare far worse.

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