A potential breath of relief for Kiwi consumers and mortgage holders has come with the release of new data.
Inflation figures have come in much lower than expected, with the Consumer Price Index measuring 6.7 percent for the year to March.
Although levels are still the highest since the 1990s, 6.7 is much lower than expected by bank economists, and the Reserve Bank.
NZ Herald Business Editor at Large Liam Dann joined Kerre Woodham to discuss the surprise development.
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Kerre Woodham Mornings Podcast