Wednesday, April 16, 2014

A jump in tobacco prices was the main driver of a 0.3% consumer price index rise in the March quarter.

Cigarette and tobacco prices rose 10.2%, following an 11.3% rise in excise duty in January.

Statistics New Zealand says without cigarettes and tobacco the CPI showed no change in the quarter.

Other movements include prices for housing and household utilities up 0.7%, and international air fares down 10%.

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