The price of fuel and transport has skyrocketed while food costs have held steady, in a partial inflation survey.
1:27 pm today
'Never seen anything like it': Fuel prices rocket upwards, food stays flat
1:27 pm today
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Gyles Beckford, Economics correspondent
Diesel was up close to 37 percent because of the Middle East conflict, however, food prices were flat.
Fuel prices are expected to drive about three-quarters of the inflation rise.
Overall food prices rose just 2.6% annually, despite surging fuel costs.
Fuel prices were the biggest driver of inflation.
1 - When global oil prices spike, they hit New Zealand hard and they hit fast.
Inflation hit a two year high as the full impact of the Middle East war made itself felt on prices.
