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Inflation at its highest level in nearly a decade

Higher costs for petrol and new housing helped push up CPI.

Brent Edwards Fri, 16 Jul 2021

Annual inflation in the year to the end of June has jumped to 3.3%, more than double the 1.5% recorded in the March year.

Statistics New Zealand said this was biggest annual increase in nearly 10 years and was driven by higher prices for new housing and petrol.

It comes just two days after

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Brent Edwards Fri, 16 Jul 2021
Contact the Writer: brent@nbr.co.nz
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Inflation at its highest level in nearly a decade
Politics,
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