Inflation is back on the rise, with an annual inflation rate of 2.7% in the year to June, up from 2.5% in the year to March.
What will be going through the minds of the economics wonks at the Reserve Bank - and are we still in line for another rate cut next month with this news?
Newstalk ZB political editor Jason Walls joined Nick Mills for the Beehive Buzz.
LISTEN ABOVE

Friday Faceoff with Stephen Franks and Myles Gazley
32:02

Friday Sport kick-off with Jason Pine
09:00

Politics Thursday with Ayesha Verrall and Tim Costley (2)
21:30