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4 Jul 2025 12:51
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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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     Top Stories

    RUGBY RUGBY
    Former All Black Mils Muliaina believes modern players are far more adaptable between positions than back in his day More...


    BUSINESS BUSINESS
    Central Otago's Cardona Hotel is on the market for the first time in more than a decade More...



     Today's News

    Rugby:
    Former All Black Mils Muliaina believes modern players are far more adaptable between positions than back in his day 12:37

    Health & Safety:
    ADHD meds are in short supply. Here's why, and what can you do about it 12:37

    Entertainment:
    Henry Golding thinks Charlize Theron is a "rare commodity in Hollywood" 12:36

    Entertainment:
    Cardi B feels proud of her Whipshots success 12:06

    Rugby:
    Fourth seed Jack Draper has been ousted by 2017 finalist Marin Cilic in the second round at Wimbledon 11:57

    Entertainment:
    Liam Gallagher has no desire to perform on Glastonbury's Pyramid Stage 11:36

    National:
    NZ will soon have no real interisland rail-ferry link – why are we so bad at infrastructure planning? 11:17

    Cricket:
    England finishes day two of second Test at 3-77, India scores 587 in first innings 11:17

    Politics:
    The Pasifika Medical Association continues to refute allegations of impropriety, over its funding of Moana Pasifika 11:07

    Entertainment:
    Jake Paul wants the "challenge" of fighting Anthony Joshua 11:06


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