NZ Herald Business Editor on the rising inflation rates

Follow the podcast onNew Zealand's annual inflation rate is 7.2 percent. It follows a 7.2 percent annual increase in the September quarter. The country's had months of high inflation - with prices frequently rising faster than at any time since the early 1990s. After housing and household utilities, the next largest contributor to the annual increase was food prices. NZ Herald Business Editor at Large Liam Dann joined Kerre to chat about what this means for New Zealanders.