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31 Jul 2025 8:36
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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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    It's not only airlines facing price rises, as the air travel sector grapples to recover from Covid-19 More...



     Today's News

    National:
    8 policies that would help fight poverty in South Africa’s economic hub Gauteng 8:27

    Rugby:
    Lewis Clareburt has made tonight's final of the 200-metre medley at the swimming world championships in Singapore after a semi-final in which Leon Marchand broke the world record - Erika Fairweather finished sixth in the 200-metres freestyle 8:17

    National:
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    Living & Travel:
    Airlines have had another challenge thrown at them - as our sole air traffic control provider hikes prices 8:07

    Politics:
    US government may be abandoning the global climate fight, but new leaders are filling the void – including China 8:07

    Cricket:
    New Zealand have dismissed Zimbabwe for 149 on the opening day of the first cricket test in Bulawayo 7:57

    International:
    Donald Trump announces 25pc tariff on Indian goods and 'penalty' for Russian trade 7:57

    Entertainment:
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    Living & Travel:
    An airline promising to link up New Zealand and Vietnam has reportedly pulled the plug before flights have even started 7:47

    Business:
    It's not only airlines facing price rises, as the air travel sector grapples to recover from Covid-19 7:37


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