Inflation was higher than it should be, even before factoring in the full impact of the war on Iran. 

Stats NZ data shows the inflation rate remained unchanged at 3.1% in the March quarter. 

Internationally driven tradeable inflation dipped to 2.5% and the domestically driven non-tradeable rate was unchanged at 3.5%. 

The Herald's Liam Dann told Kerre Woodham these figures come before fuel rises really kicked off. 

He says it's disappointing we aren't heading into that crisis in a better position. 

LISTEN ABOVE 

Inflation was higher than it should be, even before factoring in the full impact of the war on Iran.&nbsp;
Stats NZ data shows the inflation rate remained unchanged at 3.1% in the March quarter.&nbsp;
Internationally driven tradeable inflation dipped to 2.5% and the domestically driven non-tradeable rate was unchanged at 3.5%.&nbsp;
The Herald's Liam Dann told Kerre Woodham these figures come before fuel rises really kicked off.&nbsp;
He says it's disappointing we aren't heading into that crisis in a better position.&nbsp;
LISTEN ABOVE&nbsp;

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Liam Dann: NZ Herald Business Editor on the Consumer Price Index remaining at 3.1%

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/032ddaf2-dbe4-45c4-96c0-b4330011618d/transcript