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What does impacted fuel prices mean for household expenses?

Category: News & Politics
Duration: 00:07:39
Publish Date: 2026-05-05 05:10:00
Description: With fuel prices expected to be impacted for at least six months, the flow on effect on household expenses is likely to last through to the new year. The Prime Minister says the conflict in the Middle East brings "huge amounts of anxiety and worry and concern," for New Zealanders. Meanwhile, ANZ spending data out on Tuesday showed an unusually large drop in grocery spending for the month of April of 1.4 percent. Not surprisingly, our spending at the petrol pump has gone up 22 per cent since February. Economist Cameron Bagrie spoke to Melissa Chan-Green.
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