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Black Arrow Business Studio

Tag: inflation

  • Only two sectors avoid real-terms pay cut over the year

    Only two sectors avoid real-terms pay cut over the year

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    in

    An article from RNZ reports that in the year to September, nearly all but two sectors in New Zealand experienced a real-terms pay cut once inflation is taken into account. Insights Our Thoughts This new data underscores how widespread the squeeze on real incomes has become in New Zealand, even while nominal wages rise slowly.…