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A small business advocate says companies are still feeling the pinch despite lowering inflation. Â
The inflation rate in the year to September was 5.6%, lower than the 6% in the year to June. Â
Small Business Voice NZ Chief Executive Max Whitehead says while he's optimistic for the future, that lower rate isn't being reflected in many's experience. Â
He told Kate Hawkesby that there isn't the confidence at the moment for businesses to reinvest in themselves. Â
Whitehead says they're reluctant to put money into things like machines which can improve productivity.Â
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