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

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.  LISTEN ABOVE See omnystudio.com/listener for privacy information.