Advertisement
New Zealand Food Prices Jump 6.8% On Year In May
(RTTNews) - Food prices in New Zealand were up 6.8 percent on year in May, Statistics New Zealand said on Tuesday.
That's up from the 6.4 percent annual increase in April.
Individually, grocery food prices increased 7.4 percent, while restaurant meals and ready-to-eat food prices increased 6.0 percent, fruit and vegetable prices increased 10 percent, meat, poultry, and fish prices increased 7.0 percent and non-alcoholic beverage prices increased 2.7 percent.
Monthly, food prices were 0.7 percent higher in May and 0.8 percent higher after seasonal adjustments.
read more
New Zealand Services Index Improves In June - BusinessNZ
The services sector in New Zealand continued to contract in June, albeit at a slower pace, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 47.3.
RTTNews
|
1 day ago
New Zealand Manufacturing Sector Improves In June - BusinessNZ
The manufacturing sector in New Zealand continued to contract in June, albeit at a slower rate, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 48.8.
RTTNews
|
4 days ago
New Zealand Holds Key Rate As Expected
The Reserve Bank of New Zealand left its benchmark interest rate unchanged on Wednesday citing elevated level of uncertainty and near-term risks to inflation. The Monetary Policy Committee, governed by Christian Hawkesby, decided to hold the Official Cash Rate at 3.25 percent. The bank has paused the easing cycle for the first time since it started cutting rates in August 2024.
RTTNews
|
6 days ago
New Zealand Building Permits Jump 10%In May
The number of building permits issued in New Zealand was up a seasonally adjusted 10 percent on month in June, Statistics New Zealand said on Tuesday - coming in at 3,151.
RTTNews
|
14 days ago
New Zealand GDP Expands 0.8% In Q1
New Zealand's gross domestic product expanded by a seasonally adjusted 0.8 percent on quarter in the first quarter of 2025, Statistics New Zealand said on Thursday.
RTTNews
|
26 days ago
New Zealand Has NZ$5.5 Billion Current Account Shortfall
New Zealand had a seasonally adjusted current account deficit of NZ$5.5 billion in the first quarter of 2025, Statistics New Zealand said on Wednesday.
RTTNews
|
27 days ago
New Zealand Terms Of Trade Climbs 1.9% In Q1
New Zealand's terms of trade was up 1.9 percent on quarter in the first quarter of 2025, Statistics New Zealand said on Tuesday.
RTTNews
|
42 days ago
New Zealand Building Consents Slump 15.6% In April
The total number of building permits issued in New Zealand was down a seasonally adjusted 15.6 percent on month in April, Statistics New Zealand said on Friday - following the 10.7 percent increase in March.
In April, there were 2,418 new dwellings consented, comprising: 1,148 stand-alone houses; 1,105 townhouses, flats, and units; 85 retirement village units; and 80 apartments.
RTTNews
|
46 days ago
