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Economy Matters
4 mins to read

The uneven effect when prices rise

ANALYSIS: Inflation's a reverse Robin Hood, that steals from the poor to gives to the powerful.

NBR columnist John McDermott speaks with Jonathan Mitchell.

The recent astonishing surge in inflation after a long period of dormancy has raised urgent questions about how bad the situation is. Consumer prices rose 7.3% in the year ended June, the highest rate of inflation in 32 years.

If inflation meant the prices of all goods and services increased by the

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John McDermott Thu, 21 Jul 2022
Contact the Writer: john.mcdermott@motu.org.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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The uneven effect when prices rise
Economy Matters,
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