scoop.co.nz

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new zealanders should expect gradual and temporary pressure rather than grocery price shock

ECON_STOCKMARKETTAX_FNCACT_REPRESENTATIVEWB_1160_SHOCKS_AND_VULNERABILITYWB_695_POVERTY

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Topic context

Inflation is the rate at which consumer prices rise over time, typically measured by a CPI index. Central banks use policy interest rates to keep it within a target band.