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Your Spending Through The Decades – The Numbers Tell The Story

Hey there, came across this and makes some interesting reading from stats.govt.nz

It’s a bit weighty but grab a coffee, not instant as I think that’s off the list and tick off the things you agree with or not. Mal.

Our spending though the decades – consumers price index (CPI) basket changes 2020 illustrates some of the items that have come in and out of the CPI basket through the decades – from the 1960s through to 2020.

In 2020 people are spending more on vaping, including e-cigarettes. But they are spending less on fading technology such as cordless phones, CDs and travel guides. 

Your spending through the decades illustrates some of the items that have come in and out of the CPI basket through the decades – from the 1960s through to 2020. People are spending more on vaping, including e-cigarettes. But they are spending less on fading technology such as cordless phones, CDs and travel guides.

In the 1960s, the following items were introduced into the basket:

  • deodorant
  • hairspray
  • instant coffee
  • LP records (33 rpm).

The following items were removed from the basket in the 1960s:

  • corsets
  • tram fares
  • tinned herring.

In the 1970s, the following items were introduced into the basket:

  • saveloys
  • kiwifruit
  • audio cassettes
  • margarine.

The following items were removed from the basket in the 1970s:

  • kerosene
  • tripe
  • mops
  • sheep’s tongue.

In the 1980s, the following items were introduced into the basket:

  • personal computers
  • compact discs
  • waterbeds
  • wine coolers.

The following items were removed from the basket in the 1980s:

  • hairspray
  • shoe polish
  • marmalade
  • telegrams.

In the 1990s, the following items were introduced into the basket:

  • buzzy bee toy
  • avocado
  • energy drinks
  • internet services.

The following items were removed from the basket in the 1990s:

  • LP records (33rpm)
  • waterbeds
  • wine coolers.

In the 2000s, the following items were introduced into the basket:

  • hummus
  • laptop computers
  • soy milk
  • cellphones.

The following items were removed from the basket in the 2000s:

  • saveloys
  • audio cassettes
  • buzzy bee toy
  • photographic film.

In the 2010s, the following items were introduced into the basket:

  • flavoured tea
  • e-books
  • tablet computers.

The following items were removed from the basket in the 2010s:

  • dictionaries
  • luncheon meat
  • satellite navigation.

In 2020, the following items were introduced into the basket:

  • surgeon’s fees
  • e-cigarette refills
  • e-cigarette devices
  • exercise equipment.

The following items were removed from the basket in 2020:

  • compact discs
  • cordless telephones
  • home theatre systems

I also see that saveloy’s and wine coolers are off the list. hard to beat a hot Sav with Tom Sauce.

Mal.

Sav’s sans sauce – criminal not to have sauce.

 

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