Inflation has edged to its highest level in a year on the back of rising rents, food prices, and power charges.
Stats NZ says the consumer price index rose zero-point-five percent in the three months ended June, pushing the annual rate to 2.7 percent from 2.5 percent.
The numbers were just below expectations.
Business editor Gyles Beckford on what the numbers mean, particularly for those hoping for interest rate cuts from the central bank.
