* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, August 6, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Themed Entertainment Design – Purdue Polytechnic

    Innovative Themed Entertainment Design: Creating Immersive Experiences

    Rachael Leigh Cook and Brandon Routh ‘Happy to Have Found Each Other’ Following Respective Divorces – yahoo.com

    Rachael Leigh Cook and Brandon Routh ‘Happy to Have Found Each Other’ Following Respective Divorces – yahoo.com

    ‘Billie Jean’ – Hyde Park Herald

    The Enduring Magic Behind ‘Billie Jean’ Revealed

    Hank Hill returns to a changed world in new ‘King of the Hill’ episodes – New Haven Register

    Hank Hill Navigates a Bold New World in Thrilling New ‘King of the Hill’ Episodes

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Go-to entertainment: why gaming was made for the toilet – The Guardian

    Why Gaming Is the Ultimate Way to Pass Time in the Bathroom

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    LMI Expands Technology Org, Appoints New Leaders – GovCon Wire

    LMI Expands Technology Team with Dynamic New Leadership Appointments

    Midland Innovation and Technology Charter School closing down – CBS News

    Midland Innovation and Technology Charter School Closes Permanently

    Future Trends In HR Technology – Dataconomy

    Future Trends In HR Technology – Dataconomy

    Nasdaq-listed Verb Technology to build $558 million TON treasury, rebrand as TON Strategy Co. – The Block

    Nasdaq-Listed Verb Technology to Build $558 Million TON Treasury and Rebrand as TON Strategy Co

    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    Credo Technology: Wiring The AI Revolution (NASDAQ:CRDO) – Seeking Alpha

    Credo Technology: Driving the Next Wave of AI Innovation

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Themed Entertainment Design – Purdue Polytechnic

    Innovative Themed Entertainment Design: Creating Immersive Experiences

    Rachael Leigh Cook and Brandon Routh ‘Happy to Have Found Each Other’ Following Respective Divorces – yahoo.com

    Rachael Leigh Cook and Brandon Routh ‘Happy to Have Found Each Other’ Following Respective Divorces – yahoo.com

    ‘Billie Jean’ – Hyde Park Herald

    The Enduring Magic Behind ‘Billie Jean’ Revealed

    Hank Hill returns to a changed world in new ‘King of the Hill’ episodes – New Haven Register

    Hank Hill Navigates a Bold New World in Thrilling New ‘King of the Hill’ Episodes

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Go-to entertainment: why gaming was made for the toilet – The Guardian

    Why Gaming Is the Ultimate Way to Pass Time in the Bathroom

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    LMI Expands Technology Org, Appoints New Leaders – GovCon Wire

    LMI Expands Technology Team with Dynamic New Leadership Appointments

    Midland Innovation and Technology Charter School closing down – CBS News

    Midland Innovation and Technology Charter School Closes Permanently

    Future Trends In HR Technology – Dataconomy

    Future Trends In HR Technology – Dataconomy

    Nasdaq-listed Verb Technology to build $558 million TON treasury, rebrand as TON Strategy Co. – The Block

    Nasdaq-Listed Verb Technology to Build $558 Million TON Treasury and Rebrand as TON Strategy Co

    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    Credo Technology: Wiring The AI Revolution (NASDAQ:CRDO) – Seeking Alpha

    Credo Technology: Driving the Next Wave of AI Innovation

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Inflation has fallen

July 21, 2024
in Business
Inflation has fallen
Share on FacebookShare on Twitter

Navigation for News Categories

Male carrying bag in his hand after shopping. Closeup of bag full of fruits and vegetables.

For Aucklanders finishing their supermarket shop this week, the cost of living crisis is not over.
Photo: 123rf

Annual inflation has dropped to its lowest level in three years, but there is still plenty of pain in the cost of living.

While inflation has fallen to 3.3 percent, rents, rates and insurance are still going up.

For Aucklanders finishing their supermarket shop this week, the cost of living crisis is not over yet.

“Not that I can feel like too much just yet,” one man said.

“Oh no, it’s just getting worse and worse every now and then.”

“It’s still quite high compared to a few years ago,” another said.

Many are still watching what they spend.

“You have to watch what you’re buying, be careful, and plan your menu.”

“You don’t buy as much for the same amount you’re used to,” one woman said.

“It depends on what you’re buying, but a lot of it’s quite high.”

Small families were finding it expensive, one man said.

“If we go for buying groceries, we used to spend a lot of money and we used to get heaps of groceries. Now it’s just getting crazy – $200 a week is not enough for a small family like us.”

Another said it was not just the price of food.

“Especially the rent and groceries are going so high. Same thing with cost of living – 40 percent of income going on rent and grocery and other stuff.”

The inflation figures show rents have gone up almost 5 percent in the last year, and rates have risen by more than 9 percent.

Property Investors Federation advocate Matt Ball said supply and demand was one of the reasons for higher rents.

“You’ve got other factors at the moment in increased costs for landlords, interest rates have more than doubled in the past few years, council rates went up nearly 10 percent in the last year, insurance is up 14 percent.”

He said building costs were making also maintenance more expensive.

Victoria University Students Association president Marcail Parkinson said rental costs were taking a huge chunk of people’s budgets.

“It’s a continued trend of renters and students, who are predominately renters, being on the back foot. It shows this government hasn’t fulfilled its promise yet for renters and for people who are doing it tough.”

Another expense is insurance, with costs over the last year up 14 percent.

Insurance Council president Kris Faafoi said international re-insurers rated the country as higher risk after disasters like Cyclone Gabrielle.

“They’re now looking at New Zealand with a different lens around weather-related events, and when we paid out $3.8 billion for the events of early 2023. There is a re-calculation going on, and that’s being reflected in the re-insurance and the premium costs at the moment.”

While those re-insurance costs have plateaued in the past three months, the growing risk from climate change was not going anywhere.

“We know that the frequency and the severity of climate related events is going to increase and the severity and the damage is going to increase. It’s something that certainly were aware of, that the country should be aware of, and that re-insurers are aware of,” he said.

One bright spot for home-owners and businesses – with inflation heading back to the Reserve Bank’s 1-to-3 percent target zone, there was a good chance of lower interest rates by the end of the year.

Get the RNZ app

for ad-free news and current affairs

Download from Apple App Store
Download from Google Play Store

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : RNZ – https://www.rnz.co.nz/news/national/522434/inflation-has-fallen-but-rent-rates-and-insurance-are-still-rising

Tags: businessfallenInflation
Previous Post

Morning Bid: Processing Biden’s withdrawal from November election

Next Post

Sky City to close for five days over breaching host requirements

Ecology cleaning up diesel oil spill in Padden Creek – Cascadia Daily News

Ecology Teams Rush to Contain Diesel Spill Endangering Padden Creek

August 6, 2025
Prehistoric Air Has Been Reconstructed From Dinosaur Teeth in an Amazing First – ScienceAlert

Scientists Achieve Incredible Breakthrough by Recreating Prehistoric Atmosphere Using Dinosaur Teeth

August 6, 2025
Commentary: Ending LGBTQ+ health research will leave science in the dark – The Spokesman-Review

The Critical Importance of Continuing LGBTQ+ Health Research for Scientific Progress

August 6, 2025
DeAndre Jordan enjoys Japanese lifestyle, goes viral with comedian Kazuhisa Uekusa amid NBA retirement bu – Times of India

DeAndre Jordan Embraces Japanese Lifestyle and Goes Viral with Comedian Kazuhisa Uekusa Amid NBA Retirement

August 6, 2025
LMI Expands Technology Org, Appoints New Leaders – GovCon Wire

LMI Expands Technology Team with Dynamic New Leadership Appointments

August 6, 2025
Rams QB Matthew Stafford dealing with aggravated disc in back, expected to be ready for Week 1 – Yahoo Sports

Rams QB Matthew Stafford dealing with aggravated disc in back, expected to be ready for Week 1 – Yahoo Sports

August 6, 2025
Inside Mecca’s Flagship in Melbourne, the World’s Biggest Beauty Store [PHOTOS] – WWD

Explore Mecca’s Melbourne Flagship: The World’s Largest Beauty Store Unveiled [PHOTOS]

August 6, 2025
Themed Entertainment Design – Purdue Polytechnic

Innovative Themed Entertainment Design: Creating Immersive Experiences

August 6, 2025
Childhood verbal abuse has lasting mental health effects similar to physical abuse – News-Medical

Childhood Verbal Abuse Leaves Deep Mental Health Scars on Par with Physical Abuse

August 6, 2025
Trump administration cannot reallocate billions meant for disaster mitigation, federal judge rules – PBS

Federal Judge Halts Trump Administration’s Plan to Redirect Billions Meant for Disaster Mitigation

August 6, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (757)
  • Economy (781)
  • Entertainment (21,659)
  • General (16,318)
  • Health (9,819)
  • Lifestyle (790)
  • News (22,149)
  • People (781)
  • Politics (791)
  • Science (15,995)
  • Sports (21,277)
  • Technology (15,760)
  • World (763)

Recent News

Ecology cleaning up diesel oil spill in Padden Creek – Cascadia Daily News

Ecology Teams Rush to Contain Diesel Spill Endangering Padden Creek

August 6, 2025
Prehistoric Air Has Been Reconstructed From Dinosaur Teeth in an Amazing First – ScienceAlert

Scientists Achieve Incredible Breakthrough by Recreating Prehistoric Atmosphere Using Dinosaur Teeth

August 6, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version