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2 Nov 2025 2:33
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  •   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.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    Soccer:
    Auckland FC have beaten visiting Adelaide United 2-1 ... to go top of football's A-League table 21:56

    Law and Order:
    A person's been arrested after a grievous assault on Manurewa's Mahia Road just after 7 this evening 21:16

    Basketball:
    The Chicago Bulls are emulating their famous 19-96 NBA basketball squad led by Michael Jordan 18:57

    Health & Safety:
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    Motoring:
    State Highway One in Christchurch's Hei Hei's now reopened - after a house fire forced it to close 18:06

    Auckland:
    A Lamborghini's burst into flames in a two-vehicle crash in Auckland's Remuera this afternoon 17:27

    Soccer:
    Auckland FC striker Jesse Randall is impressing coach Steve Corica with his standards on and off the pitch ahead of today's home A-League clash against Adelaide United 16:57

    Rugby:
    One of the newest All Blacks has lingering memories of the 20-16 loss to Ireland in Chicago 16:17

    Politics:
    Japan wants to hire more bear hunters after record number of people attacked 15:37

    Rugby:
    The All Blacks admit they've had some inside intel on the Irish, ahead of tomorrow's clash at Soldier Field in Chicago 15:27


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