Hi Guys,
I'm curious to know if there is a cost of living crisis in your country and if you are feeling the effects of rising goods and services.
I'm Australian, and the inflation rate in 2023 was over 4%.
I have noticed significant increases for everyday essentials like food, petrol and utilities.
The cost of petrol is around $2.10AUD per litre, which is insane.
Let's hope things improve in the near future because the current state of things is unsustainable.
In my country the inflation rate in 2023 is about 3,71 % and for this year 2024 is estimate to be about 2,56 % based on statista website . as for petrol is around 0.5$ per litre .
As for cost of living , hmm for staple food like rice the price is quite high this year if we compared to 2023 , is about 0,07$ higher but the price for fish is more cheaper than last year . As for rental housing prices, they seem to be about the same based on information from my friends.
I think the problem in my country is about high unemployment rate , last time i heard news about 10 million gen Z unemployed , so it quite hard for living even though the cost of living hasn't change much .
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