Economists are warning Kiwis are in for an uncomfortable and tough 2023, Newshub reports, as the country tries to manage high inflation and global instability. New Zealand is currently battling a cost of living crisis driven largely by skyrocketing inflation. Inflation jumped to a whopping 7.3% – the highest it has been in three decades – as the country came out of the COVID-19 pandemic. But Infometrics principal economist Brad Olsen says that as Kiwis become increasingly nervous about the economy, they are spending less which could actually help the economy.