The latest official inflation figures are expected to be the highest since the global financial crisis, and at least one leading economist warns it could trigger an extra large first interest rate hike from the Reserve Bank.
Finally, a 6.6 per cent surge in fruit and vegetable prices, leading a 2.1 per cent quarterly jump in food prices overall, is the other biggest contributor.
"There is considerable speculation that they'll move on the 3rd of May, but I think that's really been ruled out by the guidance that we've seen from the Reserve Bank about wanting to see data over the coming months," Mr Evans said.
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