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RBNZ now sees smaller overall falls in house prices - Vimarsana News

RBNZ now sees smaller overall falls in house prices

The Reserve Bank is now indicating it thinks the falls in house prices will slow during this year and will be about finished by the start of next year

Food price inflation soars to a 35-year high - Vimarsana News

Food price inflation soars to a 35-year high

Food prices were up 12.5% in the year to April 2023 - which is the highest annual rate of increase seen since 1987; National's Willis says household budgets have 'nowhere to hide'

Banks expecting mortgage borrowing to remain 'subdued' over next six months - Vimarsana News

Banks expecting mortgage borrowing to remain 'subdued' over next six months

The country's banks are telling the Reserve Bank that borrower sentiment 'will likely tend towards more caution' due to the fast-changing housing market conditions

Food prices push higher yet again - Vimarsana News

Food prices push higher yet again

Food prices were up 12.1% in the year to March 2023 - which is the highest annual rate of increase seen since 1989; Kiwis 'crushed at the checkout', National's Willis says

IMF predicts global inflation set to drop this year amid subpar economic growth - Vimarsana News

IMF predicts global inflation set to drop this year amid subpar economic growth

The International Monetary Fund (IMF) released the latest World Economic Outlook report this week where they predicted that global inflation is set to drop this