Quote from: Darker45 on Today at 01:14:46 PM

I know that although many are very much aware of the soaring inflation, nothing has changed much in their day to day lives.

Pretty sure a lot families who previously bought everything in bulk are now just opting to buy in retail in order to "save" or not spend too much on one thing and still have the budget to spend on the other. Luckily for us it hasn't come to that point yet, but boy it's ridiculous how much every single item costs nowadays compared to its previous prices.

Quote from: stompix on Today at 01:30:31 PM

Quote from: Darker45 on Today at 01:14:46 PM

Onion here is already hitting $12.57 a kilo.
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I wonder, especially in other countries, how drastic is the change in your daily life that's brought about by this economic downturn?

Where do you live and what kind of giant secret recipe golden plated onions are those?

Walmart (99.3 ¢/lb-$1.26/lb) that's max 3$ per kilo
Tesco uk 1-3 per kilp
Carrefour fr from 1-4

I feel we're talking about something else, but I'm still curious about what kind of onion is more expensive than pork ribs or loin here.

OP is surely from the Philippines. It's crazy how onion is much, much more expensive than that of the main ingredients for a basic meal. We in the upper middle class even skipped meals that require onions in order to complete the recipe. That's how things are currently here, and the government is adamant that there isn't some kind of hoarding that's going on nor the onion sellers are banding together to create an artificial shortage of a commodity that can easily be farmed even at the comfort of our homes.

We just planted our own onions in our garden hoping to be self-sufficient when it comes to these simple spices that can heavily be controlled by traders at will.

Hereis an article from CNN Philippines outlining how bad the current situation is. Prices of onions per kilo doubled almost overnight just because of the holiday season.

Quote from: jackg on Today at 06:20:17 PM

I'd assume it was import based issued that means that onions cost more.

That's the crazy part. The country is known to have very fertile soil apt for growing onions all year round, except during hurricane seasons but still, there are loads of farmlands wherein you can grow onions without a problem. A lot of crops, vegetables, spices, and literally anything that a farmer can produce here in the Philippines, we now import. According to official reports from the government, the country didn't produce enough onions approaching the holiday season. Imports are also not that good hence the limited supply. Onion is a very important commodity in here, especially during the holidays, and so a lot of people are speculating that this is an orchestrated attempt to gouge the prices in order to make a huge profit off of the situation.

Quote from: jackg on Today at 06:20:17 PM

I was buying quite a few electronic items over Christmas and it's surprising me they've become quite a lot cheaper and I don't really know why. Perhaps this is companies still trying to sell things or getting cheaper transport fees because they're devices are small compared to other items that are being moved (a computer is likely much easier to transport than flour, grains or meat).

I heard electronic components became a lot cheaper and readily available in 2022 compared to 2021. If they were really cheaper, PC parts should also be included but unfortunately that's not the case, although the prices of GPUs and RAMs were relatively cheaper compared to 2020 and 2021 that's for sure.