RISING COSTS IN NEW ZEALAND
WAGES PARTLY RESPONSIBLE OPINION IN LONDON BANKING CIRCLES fU.P.A B.v Electric Telegraph—Copy right I (Received 12th May, 9.25 a.m.) LONDON, 11th May. Banking circles feel that New Zealand’s plan for price control should help to maintain the value of her currency, but some misgivings are ex-
pressed at the apparent absence of a simultaneous wage control.
It is pointed out that the wage index mounted from 895 to 1096 in three years and that it therefore forms an appreciable part of rising costs.
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Bibliographic details
Nelson Evening Mail, Volume LXXIII, 12 May 1939, Page 5
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88RISING COSTS IN NEW ZEALAND Nelson Evening Mail, Volume LXXIII, 12 May 1939, Page 5
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