Post
Topic
Board Economics
Re: How is the cost of living in your country?
by
tottong
on 18/06/2024, 13:06:32 UTC
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.

Regarding the crisis this year in my country, it is safe, but the price of goods has continued to increase since the Covid disaster struck.
The goods sector is experiencing increasingly complex problems, especially those directly related to food supply and the services sector is not having much of an impact even though it is also experiencing a blow.

Quote
I have noticed significant increases for everyday essentials like food, petrol and utilities.
Prices for these commodities have indeed increased and there is no hope of them falling again, so people with middle to lower incomes will definitely experience a huge impact.
This complexity occurs because people have difficulty balancing income and expenses, causing problems that are difficult to overcome. Job availability will also become fewer and opportunities to make money will become increasingly difficult to keep up with.