A Stuff article.
New Zealanders can expect things to start getting a bit pricier.
The consumer price index, a measure of inflation, jumped to 3.3 per cent in the year to June, the biggest increase in nearly 10 years. It had run at an annual rate of 1.5 per cent for the preceding quarters.
Inflation refers to the rise in average prices throughout the economy.
But what exactly will take the biggest chunk out of Kiwis’ wallets over the coming months?