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AAP
AAP
Ben McKay

Inflation slows in New Zealand to 4.7 per cent

Inflation New Zealand Interest Rates RBNZ
New Zealand's annual inflation rate is at its lowest since June 2021. (Joel Carrett/AAP PHOTOS)

Inflation in New Zealand is at its slowest rate in two and a half years, measured at 4.7 per cent across 2023.

On Wednesday, Stats NZ revealed the latest consumers price index (CPI) data, showing a huge slowdown in from 5.6 per cent in the year to September 2023.

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