'Power prices are the real headline': Why 3% inflation feels worse

Inflation has risen even further. Latest Stats NZ figures show inflation reached 3% in the year to September. Economists had tipped to hit the top end of the Reserve Bank’s target band of between 1 and 3%. But, some say the period of circa 3% could be short-lived.  At the same time, Labour has broken its silence on what it thinks will help the economy. Today on The Front Page, NZ Herald business editor at large Liam Dann is with us to break down what all of this means for you, and your wallet. Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts. You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network. Host: Chelsea DanielsEditor/Producer: Richard MartinProducer: Jane Yee The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts. See omnystudio.com/listener for privacy information.