Answered
Question 8745 (2026)
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Asked by
Barbara Edmonds
Member for Mana · Labour Party
Question
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What is the pass-through rate, if any, of global oil price movements to domestic petrol and diesel prices in New Zealand?
Answered by
Hon Nicola Willis
List MP · National Party · Minister of Finance
Answer
I am advised there is not a fixed flow through rate because of a number of factors such as the exchange rate, market responses and refining costs.