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Earlier comments from New Zealand Finance Minister Grant Robertson are here:


    NZ finmin Robertson says New Zealand's short-term inflation challenge is significant


Reuters with a little more now:

    while inflation is spiking, forecasts continue to show it coming down in the second half of the year. "This doesn't stop the impacts rolling on,"
    with interest rates increasing he could not rule out New Zealand growth would stall in 2023
    believed the country's economy remained in a strong position ... added that the New Zealand economy was well placed, with low unemployment, which provides a buffer in terms job security for people, and room for ongoing investing, with foreign investment interest remaining strong.