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Speaker 1: Right, we need to talk about inflation because inflation is

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Speaker 1: making me pretty sure now that the National Party needs

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Speaker 1: to rethink its planned for the selection. So we've just

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Speaker 1: had the flu of the food inflation data out today.

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Speaker 1: No surprise, food has gone up in price again in

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Speaker 1: the year to February, up four point five percent. The

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Speaker 1: biggest increase in a single item was mince. It went

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Speaker 1: up twenty three point two percent. That is the highest

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Speaker 1: recorded jump in mints in two decades. Now. Mince is

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Speaker 1: a reasonably big deal in this data. I reckon because

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Speaker 1: mince as sausages, obviously, but mince is one of those

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Speaker 1: bits of meat that we go to when we're feeling

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Speaker 1: the pinch, right, can't afford the sirloin steak, you go

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Speaker 1: for the mince instead. So if the thing that is

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Speaker 1: the so called cheaper option is becoming that much more expensive,

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Speaker 1: all that tells you how hard it's going to be

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Speaker 1: for families to make ends meat right, And it's of

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Speaker 1: course not just them everything everything everything has gone up.

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Speaker 1: There are few that have gone back in price, but

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Speaker 1: for the most part, things that you really need, not

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Speaker 1: the snacks, the stuff you need gone up in price.

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Speaker 1: And this is going to get worse. What's been happening

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Speaker 1: in Iran for the last seventeen days will, without a

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Speaker 1: shadow of a doubt, push up our food prices even

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Speaker 1: further than they are right now. It's gonna start with

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Speaker 1: the vegetables first because they are already in the ground.

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Speaker 1: Then it's gonna move on to things that take longer

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Speaker 1: to produce. So your weak based stuff, your stuff like

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Speaker 1: bread that takes a bit longer to grow, meat will

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Speaker 1: go up. Everything will go up. It's the fertilizer. Because

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Speaker 1: of the lack of access to Yuia fertilizer, prices are

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Speaker 1: going up, so the on farm costs go up. Then

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Speaker 1: it's the fuel cost of getting it from the farm

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Speaker 1: to the I don know, let's say the bakery, and

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Speaker 1: from the bakery to then the supermarket. And that increased

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Speaker 1: cost is going to land on us because there's a

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Speaker 1: lag effect with what's going on Iran, it's going to

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Speaker 1: land on us every single month. Four months now, and

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Speaker 1: they're talking about six months, you can push it out.

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Speaker 1: If they're talking about six months, it's going to be

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Speaker 1: longer than that.

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Speaker 2: Now.

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Speaker 1: The NAT's whole strategy for this election was that they

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Speaker 1: will be fine because the economy will improve and we

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Speaker 1: will all feel richer ass voters, and we will thank

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Speaker 1: the NATS for making this cost a living thing go away,

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Speaker 1: and their polling will go up as a result, and

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Speaker 1: they will come through with the election on November seventh.

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Speaker 1: That is now not going to happen. The cost of

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Speaker 1: living crisis will not be over in November. It will

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Speaker 1: keep heading us on the items that we can't avoid,

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Speaker 1: which is petrol for many but food for everyone. So

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Speaker 1: the NETS need a new plan that requires them actually

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Speaker 1: doing something more than just waiting for voters to feel richer,

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Speaker 1: because we're not gonna.

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Speaker 2: For more from Heather Duplessy Allen Drive. Listen live to

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Speaker 2: news Talks. It'd be from four pm weekdays, or follow

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Speaker 2: the podcast on iHeartRadio