RISE OF 9 PER CENT
AUSTRALIAN AVERAGE WARTIME COMMODITIES N.Z. ADVANCES HIGHER (Reed. Feb. 20, 2.40 p.m.) CANBERRA, Feb. 20. Information compiled by officials to demonstrate the effective working of the wartime price-fixing control shows that the average price rise in Australia since the war began for the group of commodities in common use is reckoned at 9 per cent and the rise in the wholesale prices 12 per cent. Comparable statistics for New Zealand and Canada show an average retail price rise of 17 per cent. Officials claim that the Australian figures would have been much more favourable but for the necessity to import some goods such as tea which was affected by freight, insurance and exchange.
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Bibliographic details
Gisborne Herald, Volume LXVIII, Issue 20486, 21 February 1941, Page 11
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118RISE OF 9 PER CENT Gisborne Herald, Volume LXVIII, Issue 20486, 21 February 1941, Page 11
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