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flag New Zealand's inflation hit 2.5% in March, driven by higher rents, fuel, and education fees.

flag New Zealand's annual inflation reached 2.5% in the March quarter, driven by rises in rental costs, petrol, and tertiary education fees. flag Despite these increases, the inflation rate remains within the Reserve Bank's target of 1-3%. flag While fuel and education costs rose significantly, international airfares and toys saw price drops. flag The consumer price index (CPI) also rose 0.9% in the quarter, with construction and local authority rates contributing to the increase.

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