TMM - News
Wealth falls, inflation drops but lower OCR still a way off

Friday 20th of October 2023
Household net worth has fallen by $255.2 billion over the past six quarters, following a period of growth up to the December 2021 quarter, when it peaked at a total value of $2,433 billion.
That’s a reduction of nearly 10.5%, data from Stats NZ’s latest household net worth figures show.
"This quarter’s decrease in household net worth was mainly due t...
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