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.
I think most of us suffer by the high inflation rate and the cost of living is surely rising, all the needs like rise can goods gasoline for machinery and any other basic necessity is now very expensive, so i think most of the people are struggling except to those who are already rich and can afford everthing.
Inflation is now a deadly disease in almost every part of the world. Every country is now affected by this disease. As a result, the cost of living has increased less and more in all countries. Especially for those countries which are dependent on other countries i.e. dependent on imports, it is having a fatal effect. Moreover, rising fuel prices and high commodity prices in in every sectors are prolonging the recession.