Birdwatch Note Rating
2023-05-30 08:53:38 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 35C681E320A15E43E3BA8B5E6F86CFA0C95F57D9B131B223619589AEF27A96AE
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