"That means inflation in New Zealand will remain a bit higher for a bit longer."
Argentina's annual inflation rate shot up to 124.4% in August after a sharp devaluation of the peso currency.
Many businesses are hiking prices beyond inflation, PriceSpy found.
New Zealand's inflation rate currently sits at 6.7 percent
"Big question marks" remain about how easy it'll be to bring inflation back inside the 1-3 percent target range.
ASB says net migration could reach 100,000.
An economist says corporate profit-making contributes very little to the inflation rate.
The latest figures show annual inflation falling to 6.7 percent.
The current inflation rate is 7.2 percent.