News | Business
19 Jul 2025 14:07
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Signs food won't get cheaper any time soon

    Signs food won't get cheaper any time soon


    Stats NZ's released data showing food prices lifted 4.6-percent - in the 12 months to June.

    Red meat, cheese and milk had double-digit increases - and butter has more than doubled on a decade ago.

    Infometrics Principal Economist Brad Olsen says some households can't even afford the most basic food items.

    He says the Reserve Bank will be nervous about the intense pricing pressure.

    Olsen says we're still in a tough position likely to last a while longer - even with better signs on the horizon.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     19 Jul: A new weather radar is on its way for Nelson-Tasman
     19 Jul: ???1;Restaurants and bars are under increasing pressure from rising wage bills
     18 Jul: Three people have been arrested in Christchurch, tracked by police using a commercial helicopter
     18 Jul: Meta investors settle $8b lawsuit with Zuckerberg over Facebook privacy
     18 Jul: Warnings the wild weather that's battered the top of the South Island - will push up produce prices
     18 Jul: A BNZ whistleblower's vowing to fight on, after being awarded more than 500-thousand dollars
     18 Jul: Culture changes in the east are causing price rises in the west
     Top Stories

    RUGBY RUGBY
    All Blacks enforcer Ardie Savea may have the perfect tonic to cool the heat of battle after tonight's third test against France in Hamilton More...


    BUSINESS BUSINESS
    A new weather radar is on its way for Nelson-Tasman More...



     Today's News

    Entertainment:
    Jennifer Lopez is "done" with marriage after splitting from fourth husband Ben Affleck last year 13:51

    Health & Safety:
    A new cardiac catheterisation lab is set to support cardiac care across the central North Island 13:47

    Motorsports:
    A blow for motorsport ace Shane van Gisbergen, with NASCAR hitting the brakes on one of his favourite tracks 13:27

    Entertainment:
    Khloe Kardashian suffered from "filler blindness" and looked like a "cartoon character" after applying too many filters to her pictures 13:21

    Golf:
    US world golf number one Scottie Scheffler is looking in ominous form at the halfway mark of The Open major at Royal Portrush 13:17

    Rugby:
    All Blacks enforcer Ardie Savea may have the perfect tonic to cool the heat of battle after tonight's third test against France in Hamilton 13:07

    Entertainment:
    Noel Gallagher's daughter Anais Gallagher has been inundated with requests for help from Oasis fans 12:51

    Business:
    A new weather radar is on its way for Nelson-Tasman 12:27

    Entertainment:
    Perry Farrell is being sued for $10 million by his Jane's Addiction bandmates over the on-stage bust-up which derailed their tour 12:21

    Health & Safety:
    Less than 0.5 percent of telehealth call and texts trigger help from emergency services 11:57


     News Search






    Power Search


    © 2025 New Zealand City Ltd