US EditionInflation goes up 2.5% despite Government’s amputation of public spending and OCR cuts
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Inflation goes up 2.5% despite Government’s amputation of public spending and OCR cuts
Previous inflation drops and OCR cuts have been held up by this Government as proof that their austerity program is working. Well, inflation went up 2.5% despite Government’s amputation of public spending and OCR cuts because much of the inflation rise under Labour was driven by Covid shutting down global supply chains! Inflation data confirms real terms minimum wage cut – NZCTU The NZCTU Te Kauae Kaimahi is concerned for low-income workers give…
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