Inflation ahoy! A 2.2% spike, and more to come
The headline CPI is much higher than the Reserve Bank projected.
After years of huffing and puffing, the policymakers have finally succeeded in blowing the inflation house up.
The official price inflation target is the mid-point between 1-3% but it has not been there since September 2011. Back then, the main factor was the GST increase from the previous
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Inflation ahoy! A 2.2% spike, and more to come
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