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Comments on: New data series: Monthly comparative price levels http://www.tvhe.co.nz/2012/03/22/new-data-series-monthly-comparative-price-levels/ The Visible Hand in Economics Thu, 22 Mar 2012 20:28:49 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Matt Nolan http://www.tvhe.co.nz/2012/03/22/new-data-series-monthly-comparative-price-levels/#comment-37213 Thu, 22 Mar 2012 20:28:49 +0000 http://www.tvhe.co.nz/?p=6846#comment-37213 In reply to goonix.

I am illiterate.

It has been fixed:

“effectively for a New Zealander it shows how much you would spend in NZ$ to buy a bundle of goods in another country, where this bundle of goods cost $100NZ in New Zealand.”

]]> By: goonix http://www.tvhe.co.nz/2012/03/22/new-data-series-monthly-comparative-price-levels/#comment-37210 Thu, 22 Mar 2012 15:53:13 +0000 http://www.tvhe.co.nz/?p=6846#comment-37210 ‘effectively for a New Zealander it shows how much you would spend in NZ$ to buy a bundle of $100 worth of goods that you purchase in New Zealand.’

I don’t get it, why would it cost $79 in NZ to buy $100 worth of goods in NZ? 

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