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Media Release: Government, Reserve Bank, must learn inflation lessons – report

Wellington (Thursday, 24 March 2022) – Kiwis households are paying more than $3,000 extra on essentials than they were 12 months ago, and policies implemented by the Government and Reserve Bank are contributing to the problem, according to new research from The New Zealand Initiative. The rising cost of living for Kiwis, shows New Zealand has the second-highest inflation rate among our major trading partners, besides the USA, and this is plausibly the result of excessive government stimulus. Read more

Media release
24 March, 2022

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