Tag: inflation
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Monetary Policy Committee Holds OCR at 2.25%, Signals Future Increases Amid Inflation Concerns
New Zealand's Monetary Policy Committee held the OCR at 2.25 percent, but anticipates future increases due to rising inflation, global uncertainty, and weakening domestic confidence, aiming to return inflation to its 2 percent target by mid-2027.
BusinessWorldConflictEconomyBankingEmployment and LaborTradeReal EstateMiddle East Monetary Policy CommitteeOfficial Cash RateInflationEconomic OutlookGlobal EconomyConsumer Confidence
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Stats NZ Updates Monthly CPI Progress
Stats NZ released its April 2026 update on the development of a monthly consumers price index (CPI). The agency will continue to provide updates as progress is made towards delivery.
BusinessPolitics and Government Stats NZCPIInflationEconomic DataGovernment StatisticsPrice IndexStatistics New Zealand
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NZ Household Living Costs Up 2.1 Percent
New Zealand household living costs increased 2.1 percent in the year to March 2026, with falling interest payments cited as the primary reason for the rise, according to Stats NZ figures.
BusinessEconomy Cost of LivingInflationStats NZHousehold ExpensesEconomic IndicatorsInterest RatesStatistics New Zealand
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Global Energy Crisis Highlights New Zealand's Fossil Fuel Vulnerability
Global energy attacks on Iran trigger price hikes, exposing New Zealand's reliance on fossil fuels. Experts urge a shift to renewables and efficiency for economic and climate resilience.
BusinessPolitics and GovernmentEnvironment Global energy crisisOil and gas exportsNew Zealand economyFossil fuelsInflationCentral bankClimate changeRenewable energyElectrificationTransport policy
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Stats NZ Corrects January Food Price Index After Data Error
Stats NZ has corrected the January 2026 food price index (FPI) after an error was discovered. The initial report stated a 2.5% increase, but the revised figure is 2.1%.
BusinessEconomy Stats NZFood Price IndexEconomic StatisticsData CorrectionInflationCPI
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New Zealand Food Prices Rise 4.4% Annually
Stats NZ reports a 4.4% increase in food prices for the year ending November 2025, driven by higher costs for groceries, meat, poultry and fish.
BusinessEconomyTradeAgricultureAustralasia Food PricesStats NZInflationGroceryMeatConsumer Price IndexStatistics NZ
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Media Monitor: RNZ Reports on Fatal Brawl, Inflation, Murder Trial
RNZ reports a 20-year-old died after a brawl in Hamilton, inflation hits a 12-month high, and in the DeLuney murder trial, the defense says there was no breakdown in the relationship with her mother.
WorldPolitics and GovernmentBusinessSportHealthMediaMusic RNZHamiltonAlexandra StreetInflationJulia DeLuneyStabbingMurder trialRadio New Zealand
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Media Monitor: Hamilton homicide, inflation increase, Jason Momoa eyes NZ citizenship
1News reports on a fatal fight in Hamilton, rising inflation, Sounds Air route cuts, and Jason Momoa's interest in New Zealand citizenship.
Politics and GovernmentBusinessEntertainmentSportScience & TechnologyEconomyFilm and TVAgricultureLegal HamiltonHomicideInflationStats NZSounds AirJason MomoaNew Zealand citizenshipOne News NZ
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New Zealand Food Prices Increase 4.6 Percent Annually
New Zealand's food prices have increased by 4.6 percent in the year to June 2025, with dairy products and meat being the primary contributors to the rise.
BusinessEconomyTradeAgricultureAustralasia Food PricesStats NZInflationGrocery FoodMeatPoultryFishStatistics NZ
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New Zealand Food Prices Increase 4.4 Percent Annually
New Zealand's food prices surged by 4.4% in the year leading up to May 2025, according to Stats NZ, with grocery and meat seeing the biggest hikes.
BusinessEconomyTradeAgriculture Food PricesStats NZInflationGrocery FoodMeatNicola GrowdenStatistics New Zealand
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IMF Concludes 2025 Article IV Consultation with New Zealand
The IMF concludes its 2025 Article IV consultation with New Zealand, noting a nascent recovery and return to target inflation. The IMF stresses prudent policies and structural reforms amid trade and investment vulnerabilities.
BusinessPolitics and GovernmentEconomyFinancial MarketsTrade IMFArticle IV Consultationmonetary policyfiscal policyeconomic growthinflationInternational Monetary Fund