News | Business
27 Feb 2021 7:02
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    The inflation rate is better than expected, but some say the gap between rich and poor is getting worse

    The inflation rate is better than expected, but some say the gap between rich and poor is getting worse


    Stats NZ has announced an annual inflation rate of 1.4 percent, higher than many predictions - with hikes in prices for used cars, furniture and electronics.

    Council of Trade Unions economist Craig Renney says inflation tends to feel much higher for people whose income is mostly taken up by food and rent.

    © 2021 Newstalk ZB, NZCity


     Other Business News
     26 Feb: New Zealand Post's profits have dipped -- despite a record-breaking year for parcel deliveries
     26 Feb: Anxiety continues for Auckland businesses two weeks on from the emergence of the Papatoetoe Covid-19 cluster
     26 Feb: Some relief from yard congestion at Port of Tauranga
     26 Feb: The Auditor-General is looking into why private landlords were paid up-to three thousand dollars per week for shoddy emergency housing
     26 Feb: International tourism continues to leave a gap
     26 Feb: Traffic management restrictions are on the horizon for Auckland's Harbour Bridge
     25 Feb: A cautious approach from the Reserve Bank
     Top Stories

    RUGBY RUGBY
    Gear geeks will be in for a treat at this weekend's Mountain Bike Nationals in Christchurch More...


    BUSINESS BUSINESS
    New Zealand Post's profits have dipped -- despite a record-breaking year for parcel deliveries More...



     Today's News

    Entertainment:
    Liam Payne wanted to be an archaeologist when he was younger 6:50

    Entertainment:
    Ricki Lake was “naked in the Jacuzzi” when her fiancé proposed 6:20

    Law and Order:
    Man charged after alleged assault on volunteer at WA election early polling booth 4:37

    Environment:
    Efforts will begin today to rescue a fishing trawler stranded on a remote South Island beach 4:37

    Law and Order:
    An investigation's underway into a firearms incident in Northcote last night 4:37

    International:
    Urgent review of WA hotel quarantine begins after COVID-19 positive worker 4:37

    Law and Order:
    Three men found guilty of Peta Fairhead manslaughter for second time after retrial 4:37

    Entertainment:
    Paul ‘Big Show’ Wight has signed a wrestling contract with AEW 21:50

    Entertainment:
    Rachel Bilson says being a parent is "No. 1" for her and her ex Hayden Christensen 21:20

    International:
    NASA releases high-definition panoramic photos from Mars Perseverance rover 21:07


     News Search






    Power Search


    © 2021 New Zealand City Ltd