A 30-year inflation high of 5.9 percent means a big pain in the pocket for many people.
Today the focus has been on petrol, but the cost of liquid gold pretty much flows onto everything.
It's not just gas in the tank, it's the food in your fridge and then there's the price of a roof over your head.
So what does inflation of almost 6 percent actually mean for a household's bottom line?
Infometrics economist Brad Olsen's and his calculator make sense of the dollars and the government's move to cut petrol tax.
