Birdwatch Note Rating
2023-05-30 06:16:09 UTC - HELPFUL
Rated by Participant: 0E92CCD879074ADCE4AF89F6ABC7F51028D123D2FABCE862A9BEBA623A9D3709
Participant Details
Original Note:
Although inflation is forecast to be between 1 and 3 per cent over the next year, inflation in the year to March 2023 was 6.7 per cent with wages only increasing by 4.3 per cent. This means that even with these wage increases, a person’s purchasing power reduces. https://www.rbnz.govt.nz/monetary-policy/about-monetary-policy/inflation https://www.stats.govt.nz/information-releases/labour-market-statistics-march-2023-quarter/
All Note Details