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17 Jul 2025 21:29
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      Home > News > Business

    More cost-of-living pressure for households

    More cost-of-living pressure for households


    Latest Stats NZ figures show power prices have increased 10.4 percent in the past year, and the cost of gas went up 16.4.

    Overall food prices are up 4.6 percent.

    Infometrics Principal Economist Brad Olsen says the price of many key items is rising quickly, pushed by growing demand around the world.

    That includes dairy products like butter, but also beef products like mince and steak.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     17 Jul: Households are still finding it tough to pay for the basics - with high prices not easing yet
     17 Jul: Higher demand for food around the world, is lifting ood prices
     17 Jul: The Greens are pointing to rising unemployment and sanctions - as the reason Kiwis are leaving in droves
     17 Jul: It's getting a lot more expensive to power, heat and feed a household
     17 Jul: Electricity companies could face further rules, if the latest measures to drive down prices don't work
     16 Jul: Optimism from architects about their future - despite low confidence in the wider industry
     16 Jul: Meta shareholders vs Mark Zuckerberg in $8 billion lawsuit
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    BUSINESS BUSINESS
    Households are still finding it tough to pay for the basics - with high prices not easing yet More...


     Today's News

    		 Environment:
    Hundreds of households are without power in Northland as the region faces higher-than expected winds 21:17

     Entertainment:
    Heidi Klum's son Henry Samuel has signed with Next Management to advance his fashion career 21:10

     Entertainment:
    Nick Cannon says "careless activity" is "probably" why he had five children in one year 20:40

     Entertainment:
    Jennifer Aniston's rumoured boyfriend Jim Curtis has found an "abundance" of "joy and love" 20:10

     Entertainment:
    Nick Lachey has paid a gushing tribute to his "incredible" wife Vanessa Lachey on their 14th wedding anniversary 19:40

     Entertainment:
    Netflix boss Bela Bajaria doesn't regret cancelling The Residence despite its Emmy nominations 19:10

     International:
    How experts say Donald Trump set his own trap on the Jeffrey Epstein files 19:07

     Health & Safety:
    Three new cases of measles have been confirmed - connected to the recent cases in the Wairarapa 18:57

     Law and Order:
    Indonesian police bust baby-trafficking syndicate that allegedly sold at least 24 infants 18:47

     Entertainment:
    Lewis Capaldi says his Glastonbury 2023 episode was "probably the best thing that's ever happened" to him, and it is the "most important" day of his life 18:40

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