"Public relations is essentially about developing and maintaining structured communications with stakeholders important to a business or organisation's operational and financial performance so they continue to support the business in their own ways."
This week we have learnt that inflation for the June quarter was 0.3% and 1.0% for the year – the lowest for 13 years!
This is the result of falling milk, fruit and telecommunication prices, as well as the high dollar, although we are still paying more for electricity and vegetables.
While segments of the media have been fashionably worried about coffee following the sharp drop in commodity bean prices, we should brace ourselves for steep increases in food prices into the next six to 12 months.
Weather is affecting crops in the US and Europe and this surely will have a flow-on effect. In Australia consumers are being warned they will have to pay more for their eggs because of rising feed cost, and this will also flow on to meat prices globally.
While there may be some upside for NZ growers, we consumers will face higher cost across a range of food products. Commentators should not act surprised when it happen – but they will – because the script is already written in the weather.
But there is another puzzle of this historically low official inflation rate - do any of us feel any better off than last year or the year before?
This begs the question: is this economic measuring device so mysterious that it has no practical meaning for us or impact on our lives; and is it merely a construct for political points-scoring and, therefore, media commentary?
What do you think?
Previous PostsIs it time to retire the EQC? (21 May 2013)
When a communication breakdown undermines a key relationship (9 May 2013)
Too big to communicate (1 May 2013)
CEOs less trusted- why might that be? (4 March 2013)
Talking is not communicating (21 February 2013)
Cats and postal deliveries (31 January 2013)
The creeping disease of our language – hyperbole (6 December 2012)
Some lessons in media relations (29 November 2012)
Get with it, Mr Cunliffe, porkies are fine (21 November 2012)
Our own enquiry time as Sandy creates havoc (1 November 2012)
Communicating the poverty message (12 October 2012)
Politics, a game for the superhuman – or the Nixon solution (5 October 2012)
The potent weapon of bullying claims (29 August 2012)
All for one and one for all (31 July 2012)
Greenpeace a global business with the eye for the bottom line (26 July 2012)
A crass publicity stunt (12 July 2012)
Communication support for families in need (5 July 2012)
Descending to the depths of meanness (21 June 2012)
No thanks Minister (18 June 2012)
We’ve got a problem – let the shouting begin! Or is there a better way? (8 June 2012)
Speaking in headlines, merely for headlines (30 May 2012)
Exposés and rebuttals – are we any the wiser? (30 May 2012)
“The government should do something about that…” (7 May 2012)
Another Kiwi world champion (2 May 2012)
An abuse of power (27 April 2012)
Watch that, or I’ll get YouTube on to you (17 April 2012)
A perverse form of logic (16 April 2012)
Celebrity endorsements play to our laziness (29 February 2012)
Keeping their own counsel may be best course of action (22 February 2012)
The tatty remnants of Occupy (26 January 2012)
Media relationships - it’s important to make them work (20 January 2012)
The spirit of communicating (21 December 2011)
Lessons from a “private conversation” (22 November 2011)
Never mind policy, what’s on the tape? (18 November 2011)
Good on you, Vector (2 November 2011)
A cardinal rule of crisis management lies in the dirt (9 June 2011)
Some French madness – surely? (7 June 2011)
Something to tweet about (2 May 2011)
Litany of apologies, but no humility (13 April 2011)
The tendency to editiorialise – knock it off (7 April 2011)
A campaign to help the country... (29 March 2011)
A storm in an outhouse (9 March 2011)
Cyclone Yasi – the new reality TV show (25 February 2011)
New chums in a unique cause (23 November 2010)
Shredding your reputation for a headline (29 October 2010)
Communications shouldn't mean altercation (14 October 2010)
Finding fairness for all victims is what will define us (24 September 2010)
Entire towns are falling off their ladders (30 August 2010)
The age of intolerance (17 August 2010)
There’s news and views. Is responding to an issue with an ad the way to go? (5 August 2010)
How you respond is a measure of your mettle (30 July 2010)
The perplexing topic of food pricing (15 July 2010)
Lying as part of your strategy (9 July 2010)
Never mind the lost productivity. It’s a rich educational experience (23 June 2010)
The revenge of the people with red hair (27 May 2010)
No cure, but other miracles (19 May 2010)
Another tragedy and chorus call for the Government (12 May 2010)
The fashion of rebranding (28 April 2010)
The tale of two media interviews (24 March 2010)
Clear messages from the golden age of advertising (4 March 2010)
Plenty for the Commerce Commission in the holiday homes market (18 February 2010)
Food Inc only a point of view (23 June 2009)
A budget for feeding the chooks (4 June 2009)