With the cost of living increasing, 1 in 5 New Zealanders (20%) say that they are finding it difficult to manage financially, while 85% are concerned about the rising cost of goods and services. 81% also believe that inflation will rise over the next twelve months.
Amanda Dudding, Research Director, Public Affairs, Ipsos New Zealand, states that: “Most New Zealanders recognise that inflation is a global issue with Covid-19 and the war in Ukraine being key drivers, however more than two thirds of us believe businesses are making excessive profits and government policies are also key inflationary drivers. Inflation is top of mind for New Zealanders and globally has surpassed Covid-19 as the issue of the day. This means inflation will be a key factor that shapes both government policy and perceived performance for the near future.”