Producer price inflation explodes


Panel 1Producer price inflation explodesWholesale power, oil price spikeInput inflation 5.6% for quarterHighest since March 1980Double economist forecastsAnnual inflation to 11.8%Highest since September 1985Panel 2
Output inflation 3.5% for quarter
Highest since June 1985
Output inflation of 8.5% for year
Highest since September 1987
GST introduced on October 1, 1986



Panel 3
Why such a big increase?
Drought drives power prices
Back down again now
Will it stay down?
Sth Island lakes dry





Panel 4
RBNZ cuts still on?
Sept 11, Oct 23, Dec 4
Still on?







Channel: News
Uploaded: August 19, 2008 at 1:55 am
Author: ofInterestNZ

Length: 00:03:55
Rating: 5.00
Views: 177

Tags: political commentary gotcha! news grassroots documentary outreach analysis commercial

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Video Comments:
georgewtwat (August 20, 2008 at 2:45 am)
dude - its NZ, thats why 80,000 people fuck off every year. Id be on 60k in NZ - not even close to the 400k i get in HK. NZ wages are a joke! And national, the business friendly party arent gunna help it unfortunately. Shame, id like to move home but not to nothing.
murtleman224 (August 19, 2008 at 2:50 pm)
shares
housing
imports
its time for a wages boom...
because the rest are not coming down

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