The stats are in & there is no escaping the dots connecting the climate & cost of living crises. The biggest driver of inflation in the last year - electricity . This quarter - petrol. Meanwhile costly storms keep hitting NZ. They all have one thing in common.

Annual inflation steady at 3.1%, continues to breach RBNZ target range

Annual inflation 3.1% in March quarter, with electricity leading the way. Rent rise lowest in 16 years, petrol price rises show up for March quarterly rate

interest.co.nz