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RISING COSTS IN N.Z.

SURPRISE IN LONDON

ABSENCE OF WAGES CONTROL

LONDON, May 11

Banking circles feel that New Zealand's plan for price control should help to maintain the value of her currency, but some misgivings are expressed at the apparent absence of a simultaneous wages control.

It is pointed out that the wage index has mounted from 895 to 1096 in three years and that it therefore forms an appreciable part of rising costs.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19390512.2.97

Bibliographic details

Evening Post, Volume CXXVII, Issue 110, 12 May 1939, Page 9

Word Count
75

RISING COSTS IN N.Z. Evening Post, Volume CXXVII, Issue 110, 12 May 1939, Page 9

RISING COSTS IN N.Z. Evening Post, Volume CXXVII, Issue 110, 12 May 1939, Page 9