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☆ Inflation Slows in New Zealand to Its Lowest Rate Since 2021
  + stars: | 2024-01-23 | by ( Associated Press | Jan. | At P.M. | ) www.usnews.com   time to read: +1 min
WELLINGTON, New Zealand (AP) — Inflation in New Zealand has slowed to its lowest rate in two and a half years, the country's official statistics agency announced on Wednesday. The agency said falling food and transport prices were the main drivers of the slowdown in the inflation rate which had peaked at 7.3 per cent in 2022. Political Cartoons View All 253 ImagesNew Zealand Finance Minister Nicola Willis said a key goal of the government was to lower inflation. “Our immediate focus is getting inflation back into the target range under three per cent,” she said. The result means annual inflation rate is now at its lowest since June 2021, while quarterly inflation was tracked at 0.5 per cent, the smallest rise since December 2020.
Persons: Nicola Willis Organizations: Reserve Bank of New, Reserve Bank, New Zealand Finance Locations: WELLINGTON, New Zealand
☆ 4 Americans moved to New Zealand for safety, scenic hikes, and the small-town feel. "I just felt this calm, like, 'I'm home,'" one said.
  + stars: | 2023-08-16 | by ( Jordan Pandy | ) www.businessinsider.com   time to read: +9 min
He moved back to his home base of Irvine, California, in 2003 but always hoped to return to New Zealand. Four Americans who moved to New Zealand told Insider their reasons for departing the US. A Los Angeles resident visited for 20 years before making his move more permanentJon Kroll lived in Los Angeles for 35 years and visited New Zealand on and off for 20 years as a break from the congestion of Los Angeles. He downsized from his four-bedroom home in Los Angeles. Wellington, New Zealand, provides the small-town feel his family was looking forNative Wyomingite Ryan Rogers departed for New Zealand more than a decade ago for work.
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