Shift In Spending Patterns As Expenditure Increases
New Zealanders have changed their household spending patterns as the cost of living has increased, according to data released by Stats NZ today.
Household expenditure
data collected by the Household Economic Survey is made up
of 13 different groups, 12 main expenditure groups
(including food, recreation and culture, and health), and
one ‘sales, trade-ins, and refunds’ group. The 12 main
expenditure groups can be expressed as proportions of the
total net expenditure (which is expenditure after deductions
from sales, trade-ins, and refunds). Half of the 12 main
expenditure groups have increased between the years ended
June 2019 and 2023:
- food – up 28.1 percent (to $300 per week)
- housing and household utilities – up 15.5 percent (to $398 per week)
- health – up 18.5 percent (to $50 per week)
- transport – up 16.5 percent (to $252 per week)
- miscellaneous goods and services (which includes expenditure on insurance, personal care, and credit services) – up 21.6 percent (to $139 per week)
- other expenditure (which includes contributions to savings and interest payments) – up 31.4 percent (to $176 per week).
Visit our website to read this news story and information release and to download CSV files:
- Shift in spending patterns as expenditure increases
- Household expenditure statistics: Year ended June 2023
- CSV files for download