Thread: Inflation
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Old 04-12-2021, 02:32 PM
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Peter Ward
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Join Date: Dec 2007
Location: The Shire
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Quote:
Originally Posted by Nikolas View Post
2% in australia it is more in other countries
Given Sydney mortgages are now around seven figures,
petrol is now around $2.00 a litre, lamb cutlets $50.00 a kilo,
many groceries that came in 750gram bags/boxes are now in 500 gram bags/boxes (but cost the same),
$1.10 to send a letter but with deliveries only every other day,
plus a lot of talk about electricity getting “cheaper due renewables” while not being reflected in smaller energy bills,
and the current version of my car now costs 30% more than the exact same model cost me 3 years ago.

I’d have observe while you are correct in saying the “official” Australian inflation is 2%.....
but that figure simply does not reflect the current cost of living.
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