Kōrero: Prices and inflation

‘The course of prices in New Zealand’

This graph is taken from a pamphlet by a New Zealand school inspector, J. W. McIlraith, in 1911. The pamphlet was the first serious examination of price falls and rises in the country. McIlraith’s graph shows clearly that in general prices fell over the second half of the 19th century, and that New Zealand prices followed very closely the changes in England. The one notable exception came in the 1860s when the large gold production in New Zealand led to an increase in the money supply and therefore a few years of price inflation.

Te whakamahi i tēnei tūemi

Te Ara - The Encyclopedia of New Zealand
Reference: James W. Mcllraith, The course of prices in New Zealand: an inquiry into the nature and causes of the variations in the standard of value in New Zealand. Wellington: Government Printer, 1911

This item has been provided for private study purposes (such as school projects, family and local history research) and any published reproduction (print or electronic) may infringe copyright law. It is the responsibility of the user of any material to obtain clearance from the copyright holder.

Ngā whakaahua me ngā rauemi katoa o tēnei kōrero

Te tuhi tohutoro mō tēnei whārangi:

Adolf Stroombergen, 'Prices and inflation - Controlling inflation', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/mi/zoomify/23087/the-course-of-prices-in-new-zealand (accessed 4 October 2023)

He kōrero nā Adolf Stroombergen, i tāngia i te 11 Mar 2010