Liam Dann: NZ Herald Business Editor on the Consumer Price Index remaining at 3.1%

Best of Business · Apr 21, 2026 · 8m · transcript

Inflation was higher than it should be, even before factoring in the full impact of the war on Iran.

Stats NZ data shows the inflation rate remained unchanged at 3.1% in the March quarter.

Internationally driven tradeable inflation dipped to 2.5% and the domestically driven non-tradeable rate was unchanged at 3.5%.

The Herald's Liam Dann told Kerre Woodham these figures come before fuel rises really kicked off.

He says it's disappointing we aren't heading into that crisis in a better position.

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