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Haere mai ki te R1 News: Public Interest Journalism, funded through NZ On Air.

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Business as Usual: Inflation in NZ is at it's highest since 1990

Friday 22nd April 2022 | Amiria Pianta-Price | R1 News Reporter | amiria@r1.co.nz

The annual inflation figures for the tax year ending this March hit 6.9%, making it the highest in New Zealand since 1990. We spoke with Trent Smith from the Department of Economics at Otago University about what it means to have a high inflation rate, how it got this high, and what could be done to combat the effect of inflation.