An independent economist comments on New Zealand’s annual inflation rate hitting its highest level in more than two years on rising fuel prices. The consumer price index (CPI) increased 4.1% in the 12 months to the June 2026 quarter. The 4.1% increase follows a 3.1% increase in the March quarter. The largest upward contributor to the annual inflation rate was petrol, up 27.5%.

<p>An independent economist comments on New Zealand&rsquo;s annual inflation rate hitting its highest level in more than two years on rising fuel prices. The consumer price index (CPI) increased 4.1% in the 12 months to the June 2026 quarter. The 4.1% increase follows a 3.1% increase in the March quarter. The largest upward contributor to the annual inflation rate was petrol, up 27.5%.</p>

Jamie Mackay delivers your daily fix of everything going on in NZ's biggest industry, along with a generous side-serve of news, sports and politics. The Country from Newstalk ZB, iHeartCountry NZ, Hokonui & iHeartRadio.

<p>Jamie Mackay delivers your daily fix of everything going on in NZ's biggest industry, along with a generous side-serve of news, sports and politics. The Country from Newstalk ZB, iHeartCountry NZ, Hokonui &amp; iHeartRadio.</p>

Jamie Mackay delivers your daily fix of everything going on in NZ's biggest industry, along with a generous side-serve of news, sports and politics. The Country from Newstalk ZB, Hokonui and Gold Sport.

The Country

The Country 21/07/26: Cameron Bagrie talks to Jamie Mackay

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/85639ebe-3d3f-4923-bf27-b48e0016e0e2/transcript