canada australian new zealand equal economics
It's not obvious what's the best way to compare the three countries. Inflation. All three countries had CPI inflation above target in Summer 2008. Australia and New Zealand peaked around 5% inflation, while Canada peaked around 3.5% inflation.All three saw big declines in inflation, but Canada saw inflation dip the most below target, into temporarily negative values for Summer 2009. All three now have inflation close to target. want to compare the economies of Canada, Australia, and New Zealand over the last couple of years. I know I will get things wrong, and leave important things out.