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For December 2024, food inflation edged up to 2.5 per cent, from 2.4 per cent a month ago, as there was a larger rise in non-cooked food prices. Services inflation slid to 1.8 per cent ...

The Reserve Bank's battle with inflation is over. So why doesn't it feel like things have improved? Data released on Wednesday showed the consumer price index lifted 2.2 percent in the last quarter of ...

Despite the slight miss, economists were encouraged by a faster than expected drop in non-tradable (domestic) inflation. Non-tradable prices rose 0.7% in the December quarter, bringing the annual rate ...

Food and non-alcoholic beverages: Everyday items such as bread, milk, and soft drinks went up by 2.5%, adding 0.5 percentage points to inflation. Alcoholic beverages and tobacco: These items went ...

“The domestic component of that inflation – non-tradables – declined from 4.9 per cent in the year to September to 4.5 per cent in the year to December. “Decisions about the Official Cash ...

"The domestic component of that inflation - non-tradables - declined from 4.9 per cent in the year to September to 4.5 per cent in the year to December. "Decisions about the Official Cash Rate are a ...

Non-tradeable inflation measures final goods and services that do not face foreign competition and is an indicator of domestic demand and supply conditions. However, the inputs of these goods and ...

Annual inflation stayed steady at 2.2% for the year to December. But despite landing slightly higher than Reserve Bank forecasts, a 50-basis-point Official Cash Rate (OCR) cut in February remains ...

“The domestic component of that inflation – non-tradables – declined from 4.9 per cent in the year to September to 4.5 per cent in the year to December. “Decisions about the Official Cash Rate are a ...

New inflation data shows the cost of living keeps going up. Photo / 123RF The largest contributor to the annual inflation rate was rent, up 4.2%, according to Stats NZ figures released today.