Story: Prices and inflation

Average hourly earnings, 1988–2008

Average hourly earnings, 1988–2008

This graph compares the change in the average hourly earnings (AHE) of wage and salary earners with the consumer price index (CPI). This gives a good indication as to whether wage earners’ purchasing power rose or fell. Over the whole period the AHE rose more than the CPI.

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How to cite this page:

Adolf Stroombergen, 'Prices and inflation - Price of labour and capital', Te Ara - the Encyclopedia of New Zealand, (accessed 26 June 2022)

Story by Adolf Stroombergen, published 11 Mar 2010