HIGHER PRICES
WAGE INCREASES PASSED ON TO PUBLIC effect on clothing Increases in the prices of most lines of clothing have been authorised by the Price Tribunal, following amendments in clothing workers’ awards increasing wages. The price increases will be small, probably about 3 per cent, from wholesaler to retailer and less to the public. . . . Manufacturers concerned in the increase in wages have been authorised by the tribunal to assess their additional wage liability as a percentage of the wages previously being paid, and to calculate new average wage rates and overhead percentages. Amended selling prices will be calculated by using the amended rates of labour and overhead. An Auckland manufacturer whose average ‘wage increase was 7| per cent said that the. wholesale-price of his goods would be increased by 24 to 3 per cent. The price of the materials had not changed, but the cost of labour had. The wage increases were merely being passed on to the public.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GEST19460919.2.50
Bibliographic details
Greymouth Evening Star, 19 September 1946, Page 6
Word Count
160HIGHER PRICES Greymouth Evening Star, 19 September 1946, Page 6
Using This Item
The Greymouth Evening Star Co Ltd is the copyright owner for the Greymouth Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.