Belief New Zealand's winning the war on inflation.

Figures out today show annual inflation rose 5.6 percent in the year to September, down from 6 percent in the year to June.

Kiwibank Senior Economist, Jarrod Kerr, says it's great some pressures are finally easing.

"There's some frustrations in there, with petrol and a few other bits and pieces, but when we look at the broad basket of goods and services that we consume- prices are coming off."

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