New Zealand's inflation rate has taken another tumble - dropping from 6.7 percent to 6.
Today's 0.7 point drop in the Consumer Price Index represents the largest fall in annual inflation in more than two years.
Despite the drop, prices are still increasing at rates not seen since the 1990s.
Food prices remain a major driver of the inflation - up more than 12 percent annually.
NZ Herald Business Editor at Large Liam Dann joined Kerre Woodham to discuss the results.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
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 Herd with Colin Cowherd
The Herd with Colin Cowherd is a thought-provoking, opinionated, and topic-driven journey through the top sports stories of the day.