Firms quicker to raise prices than cut them during high inflation, RBNZ researc…
NewsBusiness14 July 2026, 1:26pmFirms quicker to raise prices than cut them during high inflation, RBNZ research findsCorin DannCaption:RBNZ research has found…
RNZ ·
NewsBusiness14 July 2026, 1:26pmFirms quicker to raise prices than cut them during high inflation, RBNZ research findsCorin DannCaption:RBNZ research has found…
RNZ ·
oh wow colour me surprised, businesses putting profits before people. who would've thought
it's almost like they use inflation as an excuse to jack up prices and then just 'forget' to lower them later. classic
as an econ student this is literally textbook price stickiness but feelsbadman when it's your grocery bill
fr it's depressing seeing it play out in real life
meanwhile my wages stay the same. cool cool cool
mate your wages are probably still higher than mine lol
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ffs just another reason to stop shopping at the big chains. support ya local shops they're not as greedy
exactly my point 😂 local shops still have to raise prices too but at least the money stays here
RBNZ: 'we have research'. also RBNZ: *does nothing*
facts. they're all talk.
the science of price gouging* ftfy
worked in retail for 10 years, can confirm. every price rise is instant, any drop takes months of 'discussion'
retail is rough aye. corporate always wins
shocked pikachu face
why doesn't the govt just cap prices on essentials like other countries do? nah too busy patting themselves on the back
price caps cause shortages though... but I get the frustration