Tony Alexander: Economist on survey showing 28% of Kiwis are expecting to decrease their spending

An episode of the Best of Business podcast, hosted by Newstalk ZB, titled "Tony Alexander: Economist on survey showing 28% of Kiwis are expecting to decrease their spending" was published on November 7, 2022 and runs 2 minutes.

November 7, 2022 ·2m · Best of Business

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Episode Description

New Zealanders are preparing to tighten their purse strings.

Economist Tony Alexander has surveyed more than 1000 people on their spending expectations.

He's found people expect to increase what they're spending on groceries, gardening equipment and domestic travel, as prices continue to rise across the board.

But he told Mike Hosking a net 28 percent of respondents actually plan to decrease what they're spending overall.

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