Politicians Differ on Meaning of New Inflation Data

'A bit rich' for Govt to castigate councils for above-inflation revenue increases

Analysis: Local authority rates revenues are going up faster than inflation – but so too are Govt tax revenues The post ‘A bit rich’ for Govt to castigate councils for above-inflation revenue increases appeared first on Newsroom.

Politicians differ on meaning of new inflation data

Finance Minister Nicola Willis. Times file photo The Government says new data shows inflation “remains under control”, but Opposition parties say it shows the cost of living is worsening. Stats NZ released the Consumers Price Index yesterday, July 21. It shows inflation increased slightly to 2.7 per cent in the 12 months to the June, 2025, quarter, remaining in the Reserve Bank of New Zealand’s target range, Finance Minister Nicola Willis says. …

Inflation rises to 2.7%: Higher local council rates 'largest contributor' to uptick

Higher local council rates were the "largest contributor" to a 2.7% rise in consumer prices in the 12 months to June, according to Stats NZ's latest inflation update.

Annual inflation rises to 2.7% in June quarter - slightly lower than expected

Annual inflation rises to 2.7% in June as local authority rates and payments, actual rentals for housing and electricity escalate

Ethiopia’s Inflation Rate Stands at 13.9% in June – Ethiopian Monitor

Ethiopia’s consumer inflation has continued to ease in June, hitting 13.9 percent, the government statistics agency reported on Friday. The Consumer Price Index (CPI), the Ethiopian statistical Service or ESS’ key inflation measure, shows the general inflation stood at 13.9% in June, down from 19% a year earlier. The slide was driven by the decelerating food inflation rate, which now stands at 11.7%. The Year-on-year Food and Non-Food Inflation …