I am a 32 year old male living in Australia.
Today I purchased some fresh fruit, a loaf of good bread, good quality milk and 2kg of chicken drumsticks for my German Shepherd (he eats human food only) and the cost was close to $50.
I feel this is the first time in my adult life I have genuinely noticed the rising cost of goods and services especially groceries.
Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%.
I really feel bad for the elderly pensioners in this country. They are definitely struggling.
I would be curious to read of the experiences others around the world are having in regards to their cost of living.
for the current world economic conditions it is undeniable, the price of basic goods is very expensive while the value of the currency is no longer valuable. In my country, for example, all types of basic commodities are classified as very expensive, be it rice, oil and flour and other types of needs, while the current value of money seems to be no longer valuable so that when shopping at the market we have to spend large amounts of money. I think this is all because of the global economic crisis