The article is a little vague, but it's more of a possibility than not? Fuel and GST have gone up, as have ACC Employee Levies, "producers" will have to up their prices to compensate for loss of profitand the news from some economist isn't exactly encouraging.
"Mr Eaqub says the bottom 60 percent of income earners will be the hardest hit and consumer spending could remain subdued for several years"
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