18 Oct 2022

Diesel prices surge as inflation rate tipped to fall

From Midday Report, 12:45 pm on 18 October 2022

As we've been reporting, inflation has remained largely flat, the annual rate easing marginally to 7.2 percent from 7.3 percent, which was a 32 year high.

One of the main drivers of inflation is fuel prices, and in an unusual set of circumstances, diesel now costs more than petrol in some regions.

AA principal policy adviser Terry Collins spoke to Māni Dunlop.