Two Labour aligned commentators have been claiming in recent weeks that the high New Zealand dollar is leading to a consumer spending surge as people take advantage of cheaper imports.
They are wrong.
BERL economist Ganesh Nana claimed on television in the wake of the Reserve Bank’s decision to
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Rob Hosking
Thu, 10 Apr 2014
Thu, 10 Apr 2014
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Election 2014 fact-checker: Data belies Labour claims of an exchange rate-driven consumption boom
37201