An economist warns that the ongoing Middle East conflict and Strait of Hormuz closure are set to significantly disrupt New Zealand's economy through rising supply chain costs, fuel prices, and inflation, with long-term effects on consumer spending and economic recovery.
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broad inflation through manufactured goods and inputs
Worst of war's economic impact yet to come, economist saysmanufacturing costs rising through freight and packaging
'Cost shock': Strait of Hormuz closure hits more than fuel prices - ASBSpotted something wrong on this page? Report a correction.