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"Statistics NZ says petrol prices were the largest contributor to the annual inflation rate, up 19.1%. Petrol had a 17.5% contribution to the 3.7% inflation rate for the September quarter."

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There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen.

~ Frédéric Bastiat

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