Nicola Willis: Finance Minister concedes more work to do to combat inflation
Heather du Plessis-Allan Drive · Newstalk ZB
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Show Notes
The Finance Minister admits there's still a way to go get inflation under control.
Statistics NZ data showed headline inflation has dropped to 4 percent - the lowest number in nearly three years.
But domestic inflation, otherwise known as non-tradeable inflation, is remaining sticky.
She told Heather du Plessis-Allan the country isn't out of the woods yet.
Willis says non-tradeable inflation is still sitting at 5.8 percent - which is still too high.
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