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New stats show food prices rose 4.6% in the year to June – the largest rate of increase since late 2023.
That was up from a 4.4% increase in the year to May, Stats NZ’s latest Selected Price Indexes show.
Rising prices for fruit and vegetables in June have added to already elevated pricing … View moreNew stats show food prices rose 4.6% in the year to June – the largest rate of increase since late 2023.
That was up from a 4.4% increase in the year to May, Stats NZ’s latest Selected Price Indexes show.
Rising prices for fruit and vegetables in June have added to already elevated pricing for dairy products to push costs higher.
Higher prices for the fruit and vegetables group and the grocery foods group drove the increase in food prices for June 2025, Stats NZ said.
They were up 5% and 0.8% respectively for the month.
“More expensive tomatoes, capsicum, and broccoli drove the increase for fruit and vegetables, while higher prices for boxed chocolates and eggs drove the increase for grocery foods,” Stats NZ said.
Meanwhile, dairy and meat prices remain elevated, reflecting strong export prices on global markets.
“Dairy products continue to drive the higher cost in food prices,” said prices and deflators spokeswoman Nicola Growden.
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The average milk price was $4.57 for 2 litres, up 14.3% annually. Butter was $8.60 per 500g, up 46.5% annually, and cheese was $13.04 for a 1kg block, up 30% annually.
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“Butter prices are nearly five dollars more expensive than 10 years ago, an increase of over 120%,” Growden said.
The increase in the meat, poultry, and fish group was driven by higher prices for beef steak and beef mince, up 22.3% and 15.6%, respectively.
“The average cost for 1kg of beef mince was $21.73 in June 2025, up from $18.80 a year ago,” Growden said.
The increase in food prices was higher than expected, said ASB senior economist Mark Smith.
Meanwhile, rental prices continue to moderate.
Rent prices increased 2.6% in the 12 months to June 2025, following a 2.8% rise in the year to May.
The 2.6% increase is the lowest lift for rent prices since October 2011, when they rose 2.5%, Stats NZ said.
On a monthly basis, rents were flat, rising just 0.1%.
ASB’s Smith is forecasting it to land at an annual rate of 2.8% and rising above 3% in the third quarter.
That would be above the Reserve Bank’s target range of 1-3%. Elevated inflation concerns prompted the RBNZ to pause its cycle of interest rate cuts last week.
But Smith noted that there were good reasons to expect inflation to move lower by the end of the year and into 2026.
Reduced demand due to weak economic conditions should be disinflationary forces for the service sector and other non-tradable parts of the economy.
“We expect a further 25bp OCR cut in August but acknowledge that weak activity data and the downward skew to global risks could see a sub 3% OCR emerge by year-end,” he said.
But this outlook was not without risk, Smith said.
There was a possibility that the uptick in inflation proved to be more persistent than transitory, “providing an unwelcome lift to inflation expectations that central banks have worked arduously to re-anchor post-Covid”.
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Buy any red testpot 60 mL from your local Resene owned ColorShop between 17 -31 July 2025 and Resene will donate $1 to Cure Kids.
The more red testpots you buy, the more will be donated!
This quick and customisable project is ideal for those without a sturdy tree to hang a swing from, and it’s sure to bring joy to your little ones. Find out how to make and stain your own in your favourite Resene Woodsman wood stain finish with these easy step by step instructions.
Kia ora neighbours
We all wind down differently at the end of the day. Some of us drift off to the sound of soft rain, calming music, or a bit of white noise. Others? We need total silence and darkness to truly switch off.
How about you — do you need sound to soothe, or stillness to reset?
… View moreKia ora neighbours
We all wind down differently at the end of the day. Some of us drift off to the sound of soft rain, calming music, or a bit of white noise. Others? We need total silence and darkness to truly switch off.
How about you — do you need sound to soothe, or stillness to reset?
Vote below and feel free to share what works for you. Your go-to bedtime trick might help someone else in the neighbourhood get a better night’s rest too
Last year, the Commerce Commission announced it had agreed to increase revenue limits to facilitate the maintenance and improvement of the electricity network.
Consumer NZ have revealed their latest annual energy survey, and found that 11% of consumers have had to cut back on their heating, and … View moreLast year, the Commerce Commission announced it had agreed to increase revenue limits to facilitate the maintenance and improvement of the electricity network.
Consumer NZ have revealed their latest annual energy survey, and found that 11% of consumers have had to cut back on their heating, and 20% of people have been struggling to pay their power bill in the past year.
How does your region compare? You can view and compare how the average monthly household use, charges, and bills vary regionally here.
We want to know: Is your household paying more for electricity this year?
Do you have any advice for your community on what changes you have found most effective in keeping costs down in your home or office? Share below!
Premium care is just meters away from our village. Join our caring community, where passion thrives. Trust Terrace Kennedy House for exceptional care and meaningful connections.
In good working order and near new condition. Text Michael on 0220498546 if interested.
After four years of operating New Zealand's newest interregional public transport rail service - originally running only two trips during weekdays - Te Huia will now be travelling seven days per week between Frankton in Hamilton and the Strand in central Auckland!
From Sunday 27 July, new … View moreAfter four years of operating New Zealand's newest interregional public transport rail service - originally running only two trips during weekdays - Te Huia will now be travelling seven days per week between Frankton in Hamilton and the Strand in central Auckland!
From Sunday 27 July, new trip times include a 2:45pm Northbound service to Auckland, and a 6:15pm Southbound service to Hamilton on Sundays.
These exciting service improvements bring Te Huia up to a massive 30 trips per week - that's a total weekly travel distance of over 4,020km! 🤯
With massive thanks to our friends at Kiwirail and Auckland Transport, Te Huia can now access the Auckland Rail Network on Sundays, which we hope will continue to increase travel opportunities and connectivity between the Waikato region and Auckland City.
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At the rate I'm going I will need years to fill my booklet …
Dear fellow neighbors. My current power company is Power Shop. I left my last power company, FLICK Electric but finding PS too, complicated, and time consuming. Can ANYONE, suggest and help, please. Many thx inadvance. Live in Avondale gazzaaknz@gmail.com or PM 0220357635 Cheers to ALL ALBIE
Don’t miss your chance to WIN one of five iPads, valued at $699 each!
Simply grab a copy of your local Stuff newspaper, solve the puzzle, find the prize word, and enter it online at thepost.co.nz/puzzletime.
The more puzzles you complete, the higher your chance to WIN! The competition ends … View moreDon’t miss your chance to WIN one of five iPads, valued at $699 each!
Simply grab a copy of your local Stuff newspaper, solve the puzzle, find the prize word, and enter it online at thepost.co.nz/puzzletime.
The more puzzles you complete, the higher your chance to WIN! The competition ends on 28 July. To find out more about participating newspapers,click here.
The Team at The Post
Inner peace, simplicity and happiness have always been there inside us, qualities of our heart and soul that are often hidden and lost beneath the busy
complexities of our mind. This free six-evening course covers the essential techniques in learning and mastering meditation, rediscovering the … View moreInner peace, simplicity and happiness have always been there inside us, qualities of our heart and soul that are often hidden and lost beneath the busy
complexities of our mind. This free six-evening course covers the essential techniques in learning and mastering meditation, rediscovering the inner life and restoring clarity and calm.
Our presenter is Jogyata Dallas, who has taught workshops on meditation in many countries and authored several books about the subject and his own personal experiences.
Each evening introduces new material and meditation exercises that encourage stillness in the mind, body and breath, mantras and chants, the principle branches of yoga and examines the seven essential steps in developing a more spiritual lifestyle. It is recommended that you start on the first or second evening rather than joining after this.
Admission is free, registration is encouraged to ensure seating.
Please register to:
Ailsa 021 892 153.
Venue: Sri Chinmoy Centre, 89 Dominion Rd, Mt Eden.
Entry is just around the corner from 89 Dominion Rd, through the first entrance in Tawari Street.
No need to bring anything, ample local street parking.
All welcome.
We are a new support group for seniors. We meet once a month to share our experience and discuss our challenges & concerns.
With the growth of our ageing population, and more seniors living alone, this group would explore and advocate/address the social, emotional and physical needs of … View moreWe are a new support group for seniors. We meet once a month to share our experience and discuss our challenges & concerns.
With the growth of our ageing population, and more seniors living alone, this group would explore and advocate/address the social, emotional and physical needs of our seniors, and promote positive and healthy ageing.
We meet on the first Saturday of the month 2-3:30pm in Mt. Roskill.
If you are interested in joining us and contribute your ideas, knowledge, experience, talents and resources, we would love to hear from you. Please contact us at agewellkiwi@gmail.com.
Friday 18 & Saturday 19 July, 10am - 2pm.
Come and experience the warmth of our Ryman village communities, we'd love to show you around.
Discover our lifestyle and care options, tour our show homes and explore our premium amenities.
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