after first Cabinet meeting as CPI released
The newly crowned Prime Minister Chris Hipkins has fronted his first post-Cabinet press conference and in the wake of fresh consumers price index data being released.
The CPI, which records changes in the price of goods and services, increased 7.2 per cent in the 12 months to December 2022, Stats NZ said today.
It comes alongside Jacinda Ardern’s official resignation as Prime Minister after she attended her last event in the role yesterday when she travelled north for annual Rātana celebrations.
Prime Minister Chris Hipkins said he “took the baton of responsibility” from Jacinda Ardern this morning.
Link to video and article: New Prime Minister Chris Hipkins speaks after first Cabinet meeting as CPI released - NZ Herald