Archive for the ‘wages’ Tag

Unsettling cost of living

www.bbc.co.uk/news/business-63624996

it’s always interesting to look at stats from other countries to see how the world is plodding along.

This time it’s wages v cost of living in the UK, where in the year to date apparently wages rose about 5.7% but cost of living calculated with inflation actually made it a wage decrease of about 2.7%.

Again can’t say if the source of the stats is credible but looking at life here in NZ it’s probably not far off.

Just having come back from Hawaii and noting how much prices have gone up there I’d say those stats are not too far off.

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