Kiwi Stats

9 Responses to “Consumer price inflation up to 3.4% – New Zealand Economics”

1. By yahoovisitor on Jun 18, 2009

   Global inflation …
   Global inflation arises mainly by a man due to his excessive greed leading to misplanning, deficit financing ceasing his ability to follow the basic principles of controlling it. Its based on dogmatism & confiscation of the basic rights. When a man becomes inhumane acquiring the worst characters devil is after him to follow. When he tries to deprive the other members of the society from the rights they all deserve. Chaos & anarchy with suicide bombing & global destruction are visible end results

2. By yahoovisitor on Jun 18, 2009

   Fake inflation of …
   Fake inflation of basic items of everyday life is being created, but the human life for which all this is being done seems to be of no price or having no value. Daily hundred thousands of human beings are losing life by different ways. Isnt it possible by United Nations, G-8 or some International Human Rights Commission to work out a formula of basic human rights & needs of life & implement it to end this situation of chaos ending in extremism or terrorism by unaccountable no of ways nowadays?

3. By YogaNate79 on Jun 18, 2009

   Just remember, …
   Just remember, Jeffery Dahmer ate for free.

4. By georgewtwat on Jun 18, 2009

   wages hardly ever …
   wages hardly ever move in NZ, its the most 3rd world western world there is. I moved to the UK before moving to asia Id be on 80k in NZ, im on 300k in HK. I didnt want to leave but had no choice.

5. By cybersphere on Jun 18, 2009

   In agreement. IT …
   In agreement. IT wages in NZ have barely budged. IT Wages in Aus have moved slightly, although not as much as you’d expect given the big deal the media makes about skill shortages. Some unskilled jobs have actually experienced declining real wages, most likely due to oversupply.

   Check my channel JointheRevolution for frank discussions of the US/International financial situation.

6. By linuxluver on Jun 18, 2009

   I’m not gloomy by …
   I’m not gloomy by nature. But I can see these forces (inelastic wages colliding with elastic prices => people buying less or borrowing more) waiting to operate if the environment allows/requires them to. Countering that is the low unemployment even if the wages are crap. I know in the IT sector, people are being paid today essentially the same today as they were being paid almost a decade ago…and IT wages tended to be above average. If that pattern is repeated: interesting times.

7. By cybersphere on Jun 18, 2009

   You paint a very …
   You paint a very gloomy picture, but it’s probably accurate. In Haiti, people are protesting in the streets over the price of food.

   I wonder what our breaking point will be in NZ?

8. By linuxluver on Jun 18, 2009

   Yes. Quite …
   Yes. Quite different to the oil shock era when the trade unions had more power and wages increased. Instead, we will likely see more credit defaults and a reduction in consumer demand once people exhaust the limits of their credit and any equity they have – if they are silly enough to go that far. People mining this “flexi” accounts backed by house values could last a long time before hitting the wall….if the wall doesn’t move.

9. By cybersphere on Jun 18, 2009

   Everything is going …
   Everything is going up except wages