December 26th, 2024

inflation

The significant decrease in fruit and vegetable prices has been a major factor in the overall modest inflation.
inflation
6 months ago

Food prices see smallest annual increase since 2018

Food prices in New Zealand increased by a mere 0.2% in the year leading up to May 2024, marking the smallest annual rise since...

Over the past 12 months, food prices have increased by 0.8%, a significant slowdown from the 12.5% increase recorded at the same time last year.
inflation
7 months ago

Rising prices for food and international airfares recorded in April 2024

Food prices in New Zealand have seen a modest increase of 0.6% in April 2024 compared to the previous month, with international airfares jumping...

With rents increasing by 4.3% in the 12 months to March 2023, these policies would provide much-needed relief for many households.
inflation
1 year ago

Combating New Zealand's economic woes through prudent policy and informed consumer choices

New Zealand is grappling with a series of interconnected economic challenges, including soaring inflation, increased debt servicing costs, and sector-specific pressures.

Inflation in New...

Food prices, particularly for grocery items, fruit and vegetables, have surged by 12% for the average household, while rent and interest payments have also contributed to the increase.
inflation
1 year ago

Inflation bites New Zealand households: Food and housing costs surge

Food and housing costs have driven up inflation for all household groups in New Zealand, with the cost of living for the average household...

Housing and household utilities were the next largest contributors, with new house construction costs rising 11% in the 12 months to March 2023, following a 14% increase in the 12 months to December 2022. Rents increased by 4.3% in the same period.
inflation
1 year ago

Housing and household utilities contribute to New Zealand's inflation spike

New Zealand's inflation rate has remained at levels unseen since the 1990s, with the consumers price index increasing by 6.7% in the 12 months...

On a monthly basis, food prices rose 0.8% in March 2023 compared to February 2023. When adjusted for seasonal effects, the monthly increase stood at 0.5%.
inflation
1 year ago

Inflation bites: food prices surge 12.1% year-on-year

New Zealand food prices experienced a 12.1% year-on-year (YoY) increase in March 2023 compared to March 2022, according to the latest data...

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Net worth has fluctuated due to shifting asset values, particularly in property and investment holdings.

Household spending surpasses income as net worth drops by $47 billion

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The significant decrease in fruit and vegetable prices has been a major factor in the overall modest inflation.

Food prices see smallest annual increase since 2018

News
Provisional figures indicate that New Zealand saw 229,100 (± 3,500) migrant arrivals in the April 2024 year, marking a 25% increase from the previous year.

Record surge in migrant arrivals and departures for New Zealand in April 2024

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Socioeconomic inequalities in greenhouse gas emissions from household travel in New Zealand

Socioeconomic inequalities in greenhouse gas emissions from household travel in New Zealand

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Auckland region had the largest increase in earnings over the year to March 2024, up to $64.9 billion from $59.6 billion in the March 2023 year.

Total gross earnings in New Zealand up by 8.6% in year to March 2024

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