Haere mai ki te R1 News: Public Interest Journalism, funded through NZ On Air.
Tune in to R1 News weekdays at 1pm.
Haere mai ki te R1 News: Public Interest Journalism, funded through NZ On Air.
Tune in to R1 News weekdays at 1pm.
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.