Willie toys with price controls
The Herald reports:
Labour MP Willie Jackson has suggested price regulations as a possible option to address cost-of-living pressures, but also says it is not his party’s policy.
Yet is the missing word!
The response did not answer another question about what evidence there was Labour created an environment where prices started to come down.
Stats NZ figures show food price annual percentage change of up to 12.5% in the final year of the Labour Government. That happened in June 2023.
This was a Willie whopper.
Here’s annual food inflation (seasonally adjusted):
- June 2022: 6.5%
- June 2023: 12.4%
- June 2024: -0.4%
- June 2025: 4.5%