Inflation's expected to far outstrip wage growth
Inflation's expected to far outstrip wage growth
21 April 2022
Stats NZ is releasing the Consumer Price Index this morning.
Many economists are predicting it will be at least seven percent.
ANZ economist, Finn Robinson, says real hourly earnings growth was down 1.7 percent last year.
He says with prices rising so quickly, householders are certainly feeling the pinch.
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