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30 Jul 2025 23:49
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  •   Home > News > Business

    Households are still finding it tough to pay for the basics - with high prices not easing yet

    Households are still finding it tough to pay for the basics - with high prices not easing yet


    Stats NZ's revealed the cost of food rose 4.6-percent - in the 12 months to June.

    It's largely driven by double-digit increases for products like red meat, cheese and milk

    Infometrics Principal Economist Brad Olsen says the general economy is still experiencing intense price pressure and weakness - which isn't comforting.

    He says mince is now hitting nearly 22 dollars a kilo - so you can't even have a cheap mince meal.

    © 2025 Newstalk ZB, NZCity

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