Energy prices seem to have been roaring ahead of consumer prices since the first quarter of 2001. Maybe that is a major contributor to fuel poverty in New Zealand and material deprivation among more poor households in the winter. What gives?
Figure 1: ratio of household energy price index to consumer price index – all groups, March quarter 1995 – March quarter 2015, base = 1995
Source: Statistics New Zealand Infoshare.
Figure 2: Household energy price index and consumer price index – all groups, March quarter 1975 – March quarter 2015, base = 1995
Source: Statistics New Zealand Infoshare.
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