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.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!