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Could we see another rate hike? Maybe
Non-tradeable inflation rose 6.6%, driven by construction, rents, and ready-to-eat food.
Pace of inflation declines to 6% in the 12 months to June
Prices have increased most for vegetables, ready-to-eat food, milk, cheese and eggs.
Primary Sector
Global dairy prices fall at latest auction
The Global Dairy Trade index is the lowest since September 2020.
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Pattrick Smellie
Founding Editor
Pattrick was judged New Zealand's best overall columnist and business columnist of the year at the Voyager 2021 Media Awards. He has more than 35 years’ experience reporting and working in New Zealand politics and the commercial sector. A former Press Gallery chairman, he is an award-winning journalist and has worked for titles including The Dominion, The Press, Sunday Star-Times and National Business Review. He was the first NZ correspondent for The Australian and co-founded BusinessDesk in 2008.
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