Inflation is raising prices and reducing real wages – what should be done to support NZ’s low-income households?
- Written by Murat Ungor, Senior Lecturer, Department of Economics, University of Otago
ShutterstockThere is no doubt life is becoming much more expensive in New Zealand as inflation hits a three-decade high, influenced by both domestic and international factors such as increased food, energy and housing costs, pent-up demand for consumer goods, and ongoing supply-chain disruptions.
In the 12 months to December 2021, Consumer Price...
