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ANOTHER DECLINE

THE COST OF LIVING GOVERNMENT STATISTICIAN'S FIGURES i The Government Statistician reporft that tire cost of living, as indicated 'by the index mmibeis for the ''three food groups (meat, groceries, and dairy produce) showed a further decline m the month, of March. A decline was reported in February The Dominion weighted average for the three food groups in March was 1505, as against 1522 in February. Tito March number represents nn increase of 40.G5 on the number for July, 1914. The course of the index numbers ifl shown in the following table:—• Jftly. 1914 1070 January, 1915 1177 January, 1916 12-16 January, 1917 1350 • January, 1918 : 1427 July, , 1491 August, 1507 . Sept., , 1500 October, , 1514 Nov 1537 Dec IGOS January, 1919 1553 February, „ 1522 March 1505 "The data, from which the rent index nurflbsr is calculated are collected only half-yearly," says (he Government Statistician,'"and if the Mast ascertained rent index number (l-'ebruary, 1919) be combined in its proper, proportion with 1 the index number for the three food groups, it. is found that the war increase in food and rents since July, 1011, is KUS'per cenl. "It is not practicable at present ttf calculate _ index _ numbers to show the increase ie. retail prices over the whole of the domestic expenditure of a household; but the three, food groups and rent, in regard lo which .the ahovo increase of approximately 25 per cent, hail taken place, cover the most important and necessary items in the average domestic expenditure, and form more than half of Ihe total."

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19190521.2.32

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 12, Issue 202, 21 May 1919, Page 6

Word count
Tapeke kupu
257

ANOTHER DECLINE Dominion, Volume 12, Issue 202, 21 May 1919, Page 6

ANOTHER DECLINE Dominion, Volume 12, Issue 202, 21 May 1919, Page 6

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