Inflation hits a 30-year high
The Consumers Price Index has hit its highest level since June 1990.
The consumers price index (CPI) increased 6.9% in the March 2022 quarter, compared with the March 2021 quarter, reaching a 30-year high.
This was the largest movement since a 7.6% annual increase in the year to June 1990, Stats NZ said today.
The 6.9% increase follows an annual increase of
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