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3 results for “cost-of-living”
Shares in Domino’s and Collins Foods have seen sharp declines as Australian inflation hits 4.6% and high interest rates squeeze household budgets, forcing a pullback in discretionary spending.
New Zealand's annual inflation rate remained at 3.1% in the March 2026 quarter, exceeding the RBNZ’s target band and market expectations. Rising electricity and local rates continue to drive domestic costs.
Woolworths Group reported Q3 sales of A$18.10 billion, beating expectations, but shares dropped nearly 10% as the company warned that rising fuel costs and geopolitical tensions will impact profit margins.