New Zealand's inflation falls to 3.3% in July, with food prices dropping for the first time in six years.
New Zealand's inflation falls to a three-year low of 3.3% for year to July, with food prices dropping for the first time in nearly six years. The government aims to reduce inflation to the Reserve Bank's target range of 1% to 3% to help interest rates fall and ease mortgage repayments. Income tax cuts from May will see 94% of households "better off", with the average household saving around $30 per week starting Wednesday.
July 28, 2024
7 Articles