Birdwatch Note Rating
2023-05-30 00:31:10 UTC - HELPFUL
Rated by Participant: 6F344E910F32895893244420003E022A07A8DBD2AAC33AD8E4EE97E111E839F4
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