submitted 3 years ago by Taubin to c/newzealand

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Prices will continue to rise in the next three months as almost 60% of retailers fail to meet sales targets and others fear closure within the year.

Surely raising prices will help them sell more!

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[-] HappycamperNZ@lemmy.world -4 points 3 years ago

Yay for wage price spiral

[-] kurikai@lemmy.world 8 points 3 years ago

Not because of wage price rises. Its more because investors want to be paid more. The constant "businesses must make more profit year over year"

[-] Viper_NZ 5 points 3 years ago

There are plenty of people out there getting rises far below inflation.

this post was submitted on 07 Jul 2023

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