Poms giving it a big kick
"Another major economy has just recorded a large increase in inflation — a key measure of the cost of living. The UK Consumer Prices Index (CPI) rose by 9.1 per cent in the 12 months to May 2022, up from 9 per cent in April.UK inflation is now sitting at a 40-year high. Over the year to May, the CPI rose 7.9 per cent. Gas, electricity bills a major contributor to inflation in UK"
What is interesting is how the significant cost increases impact on large energy users. A closing Aluminum smelter in NZ is now rumored to be trying to get the very cheap hydro/geothermal power contracts it threw away back. (Tiwai Point in New Zealand)
The NZ hydrogen plans are close to being signed on what Rio did not want?
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Inflation- Big pay rises- more inflation, page-21
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