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WAGES AND PRICES.

THE COST OF LIVING. [from our own- roiuiEspo.vnE.Nx.J London-, June 25. Mr.. Asormt admitted to a deputation that tho increase in (lie cost of living was undoubtedly one element in the causation of labour unrest, but he took occasion to correct the assumption that the increase in. prices is a phenomenon peculiar to the last few years, and ho quoted a specially prepared table on the subject. The index numbers are founded on prices and wages in 1900, the base year, and the general trend, is evident in the following abridgement :—

Food and drink. V.ic-s. l c 7.1 ... ... 141.4 S3.3 mi 142.1 85.8 1884 124.9 85 0 188? 1C7 8 K3.0 1888 111.9 :«:,• 1890 ... ... 3C3 5 1.0.2 1891 117'! si 1893 110.9 «fl 'I 1895 99.5 ,s : U i8?6 33.3 S9.P 1898 102.3 '.': .'. 1900 100.0 100.O 1902 101.7 97.7 1906 100.5 98 1 ' 1311 111.6 ' 100.3

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19120802.2.14

Bibliographic details

New Zealand Herald, Volume XLIX, Issue 15061, 2 August 1912, Page 4

Word Count
149

WAGES AND PRICES. New Zealand Herald, Volume XLIX, Issue 15061, 2 August 1912, Page 4

WAGES AND PRICES. New Zealand Herald, Volume XLIX, Issue 15061, 2 August 1912, Page 4

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