I thought it would be worthwhile to get some calculations done on the value of inflation.
These figures compare the new NZ longhaul business award costs on 1 December with those put into effect with Airpoints Dollars on 16 November 2004.
It has been divided by 4 to get what is roughly an annual inflation rate.
Code:
New Original Inflation Divided by 4
Honolulu 1830 725 152.414% 38.10 %
Noumea/Tahiti 710 725 -
Asia 1980 1000 98% 24.50 %
North America 2790 1250 123.2% 30.80 %
London 3190 1600 99.375% 24.84 %