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New Zealand's Annual Inflation Sees Slower Increase At 2.2 Per Cent
The latest rising inflation was offset by lower petrol prices, which was down 9.2 per cent, partially due to the removal of the Auckland regional fuel tax of 10 cents per litre on June 30, 2024, Growden said, adding petrol makes up about 4 per cent of the CPI basket.
The latest rising inflation was offset by lower petrol prices, which was down 9.2 per cent, partially due to the removal of the Auckland regional fuel tax of 10 cents per litre on June 30, 2024, Growden said, adding petrol makes up about 4 per cent of the CPI basket.
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