Inflation may be coming down- but three big influences have accelerated living costs for Kiwi households. 

The cost of living has gone up by 7.4 percent in a year, with groceries, insurance and interest payments driving up these increases.

NZ Herald business editor at large Liam Dann says these increases will keep inflation up for longer in a temporary worst-of-both-worlds scenario.

LISTEN ABOVE

Inflation may be coming down- but three big influences have accelerated living costs for Kiwi households. 
The cost of living has gone up by 7.4 percent in a year, with groceries, insurance and interest payments driving up these increases.
NZ Herald business editor at large Liam Dann says these increases will keep inflation up for longer in a temporary worst-of-both-worlds scenario.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.