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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 cost of petrol is around $0.8 per litre.

Yeah, overall the cost of living in my country also rise, even my country state the inflation rate is 4%, but the reality I see it's more than 4%, I feel it's probably around 8%-10%.

I'm quite following Australian news, they said that there are too many immigrants especially from Asian countries applying for Work Holiday Visa to work in Australia. Definitely it's really promising since they get paid for 10x-20x higher than in their country.

I agree wholeheartedly with your first point. The official inflation rate in 2023 was 4.1% however basic goods and services increased by 10-15%.

The minimum wage in Australia is around $23-$24 AUD which is very good but rent, groceries, travel expenses etc are ridiculously high and seem to be increasing all the time.

I live in a third world country and the price of petrol products and other commodities are 3x that of last year, and I don't think that price will come down anytime soon. Cost of living is fucking expensive now.

Inflation is very high down here which has affected every sector of the market. Getting the money is also another problem because minimum wage has not being increased and people who are earning salaries are really suffering because their monthly salary can no longer take care of their needs. I have a neighbor that quit is job, because of high transportation fee. After he did his calculations and saw that transportation will consume 90% of his salary.

The economic system is not very friendly in every part of the world as it stands, the high rate of inflation is not only subject to one country but affecting every country.

According to the National Bureau of Statistics (NBS)'s and Consumer Price Index (CPI) of my country, their recent report released on April 2024, shows that the inflation rate increased by 11.47% which left me with no surprise because it is already telling on the price of goods and services. Despite how expensive the price of goods are the market as of last year, this year is even worse.

I'm surprised by the price of petrol in your country which is around $2.10AUD, whereas in that country it's around 1 USD per liter (1.55AUD) even though my country is a third country, while your country is a developed country, even the average wage of people here is only 250 USD per month, and I bet that the average wage of people in that country is far more than my country - and you say that it's already hard enough because of the increase in prices and goods in your country, what about my country? lol. I feel like it's a joke that I don't feel anything that significant, or that people in my country are used to economic difficulties so they don't feel those difficulties that much? lmao.

Inflation or cost of living crisis as you call it exists in every country with the only difference being that some have higher inflation and others have lower. I won’t say in numbers (in percentage) what the level of inflation is in my country, but it is very noticeable. Almost every trip I go to the store is accompanied by unpleasant observations (an increase in the cost of goods). We can't influence inflation in any way (it is built into the modern economic model) and therefore, there is no point in whining about it. We can only neutralize the impact of this inflation, which affects money, by storing value\wealth in various financial instruments (traditional stock market, bonds, cryptocurrencies).

The situation will never improve, because inflation will never be eradicated unless the entire world economy is completely changed. Even if this ever happens, it is unlikely to happen anytime soon. Therefore, we can only learn to adapt (buy Bitcoin! :)) in the conditions of the cost of living crisis.

It doesn’t matter whether one is from a third class  or developed country, if a citizen in a developed country is not earning enough to meet up basic needs then it’s right to say it might not be sustainable for such person in the near future, whereas their are people living in third class countries that leave very comfortably and have more than enough to sustain themselves and their families even in years to come, i think it depends on how wealthy an individual is, regardless of whether they come from a developed or third class country.  Talking about the cost of living in my country,  lol I'll jokingly say that the cost of living is almost killing the living here, the price of goods have doubled, our currency is getting weaker not to even talk about the price of petrol cause it's shameful that we've got petroleum and it's even subsidised by the government but then we still buy aound 0.6 to $0.8 per litre.

Raising cost of living forces people to work more. Working more hours to buy less makes the rich richer.

Its never going to be sustainable though. Inflation is just going to ruin everything and that is how economic works. Essentially everything might not be susitanable with the hiking living cost which is currently why there are so many people that moves to 3rd world country on Asia that has cheaper living cost compared to their own while still remote working on their country


Beggars cant be choosers. Its always the bottom of the pyramid that is going to suffer so in this case the working class. Its actually worse on 3rd world country though but due to cheaper living cost there, its still bearable

it's still hard for someone in the 3rd world unless they earn USD. but if they rely on the salaries from local companies, they'd not live a comfortable life as before Covid.
the covid started all these and then prices moved up while more companies started shutting down.

it's fine if a person is not feeding 3-5 mouths a month but if you are a family man, you can really feel the economy getting worse almost every day while bills increase almost every month.

I totally agree with you, as cost of living is like living in hell because of how hard life is for someone to survive.

Just like you said, price of things is very hard and difficult for one to afford, and to have a job is very difficult to get. The way things are in my country has made most of our youths to start indulging themselves in some kind of illegal activities and our government is not actually doing anything which is why corruption is getting higher each day but we pray that God will always see us through and we will also try our best to survive even when it's not easy.

2023 it was 4.3% in here as well. Packets have been shrinking and everything costs a lot more. Attitudes have been changing and buying cheap and saving small amounts of money in here and there is the new normal. Second hand products and flea markets are really popular, and only reason to buy anything new is the warranty that comes with the purchase.

DIY is hot and people are turning to electric cars, public tranport and just bicycles for shorter routes, and you don't really need car anyway if you don't leave far away.

Exactly the same, even if you are not increasing your lifestyle na the way you live, but you have no choice but to keep on working because the commodities keeps on rising and the inflation makes your money worth less. The cost of living is a serious problem in our country, many are still poor and our economy is not that good, and if you will not work more you will not get any extra money.

Third world countries are experiencing the brunt of this issue. The official inflation rates they report are often unrealistically low, while the actual rates are much higher. Despite the rising fuel prices, the government is not taking significant steps to alleviate citizens' suffering through substantial subsidies on essential goods. There is a need to boost citizens' purchasing power by increasing wages and providing grants to businesses.

I am from Brazil and I think with $1000/month is possible to have a reazonable life but most people earn about $400/month, living a life with many restrictions,some people earn about $260 so like this the life is really hard to live... the not live but survive.
My country has a lot of beautiful beaches, in my city the violence is ok, it's possible to rent an apartment for $400, you can buy a car for $5000 but a good used car is at least $10000, the gasoline is $1.1. You can waste $100 with food and more 100 with taxes. What rest of your money can be used in your mental hygiene. For people from first world is a paradise, because is possible to do a lot of things here with strong currencies. People that earn in Dollar or Euro and live here, most times live very well.
My wife's aunt that lives in Canada asked me if 12000CAD would be good to live here, huahuahuahua... She would have a life between high medium class and riches.

It's crazy, I'll start with the real estate before the actual cost of living. The properties here have doubled but I hope that they'd drop dead soon because no one wants to spend their money on these uncertain times. And going with the cost of living. Before it's possible in my country to live with $2-$5 a day but it has changed, even a $10 won't be enough if you're in a family of 3. And it's gonna be more and more depending on how huge your meals are. Petrol is like 30% away from the surge after the pandemic. The global economy is declining and these wars are the cause of it and that's why those that aren't worried with inflation have become economists now in our country. Because before, we're like carefree and we don't really care at all with inflation but now, everyone is sharing their sentiment about how tough it is nowadays.

The latest inflation report here in my country indicates that the inflation rate is rising. From 3.80% in April, it has climbed to 3.90% in May. The average is 8.04%.^[1] Those aren't great figures especially because salaries and wages aren't catching up with the rising prices of goods and services. Ordinary people are suffering. My country is mostly made up of people with low-paying jobs.

A liter of petrol costs more than a dollar already. Middle-income earners are feeling the effects of the high price. But the poor are feeling it more. Much of the salary of these daily commuters go to their day-to-day fares. It doesn't help that the government has miserably failed in providing efficient mass transportation.

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[1] https://tradingeconomics.com/philippines/inflation-cpi

     Here in our country, it is around 1.2 dollars per liter, but before, it was 1 dollar per liter. Apart from gasoline, even the prime commodities have increased their prices; there is nothing cheap to buy in this era. That's why the citizens of a country have no choice but to find a solution and a way to find other ways to earn money.

     Because if we expect one source of income, for sure it will not be enough for the expenses we are facing in these situations, because even two sources of income are still not enough, and at least three sources of income are possible, however.

The reason why corruption is getting higher because those in position are also the ones involved in such crimes. They protect their fellow criminals for a sum of money. Sometimes they are even the ones directly who control such crimes. With how poor the living situation is, people have no choice but to resort to illegal activities and exploitations. Meanwhile The rich gets richer and the poor gets poorer.

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 .


Source:

• https://panelharga.badanpangan.go.id/ (https://panelharga.badanpangan.go.id/)
• https://www.oto.com/en/harga-bbm (https://www.oto.com/en/harga-bbm)
• https://www.statista.com/statistics/320156/inflation-rate-in-indonesia/ (https://www.statista.com/statistics/320156/inflation-rate-in-indonesia/)
• https://www.bps.go.id/en/ (https://www.bps.go.id/en/)

Everyone experiences their own difficulties, we might think that people who live in rich countries will not experience problems with rising prices due to inflation but apparently, this is not the case.
There are countries where petrol prices are more expensive and even the minimum wage in these countries is lower than in countries with lower petrol prices, like Hong Kong where petrol prices reach more than $3 and the minimum hourly wage is around $5, based on this website:
Minimum Wages | Asia (https://tradingeconomics.com/country-list/minimum-wages?continent=asia)
Gasoline Prices | Asia (https://tradingeconomics.com/country-list/gasoline-prices?continent=asia)

The price of petrol in my country is still below $1, but the decline in the value of my country's currency is quite worrying. This will slowly start to have an impact on food prices, and the people who suffer the most are people with salaries below standard because there are so many in my country. The world economic situation is uncertain and all countries are experiencing impacts, but countries with few job opportunities will make their people suffer even more. Becoming a migrant worker to a rich country might be a solution, but not everyone is successful in becoming a migrant worker.

I guess people from different countries have a different understanding of what's a bad situation. My country had 26.6% inflation rate in 2022, then 5.1% in 2023. Adjusting at the beginning of 2023 was difficult for me because I just came home (I wasn't in my country for most of 2022), and I was shocked by the prices. Honestly, I think they rose even higher than by a quarter. It felt like they almost doubled. But that's nothing, compared to the fact that there's a war in my country, with even peaceful cities experiencing daily air raid alerts and pretty frequent missile attacks. And even that is nothing, compared to mobilization and the things soldiers are going through. So it's all perceived in comparison. I wish my issue was a 4% inflation rate.

Here in my country we have a slight increase of 1% this month which results in overall inflation of 3.9% but it is still ideal destination for retired foreigners who wants to settle down because conversion rate of dollar in here is quite high. But if we are talking about prices and wages as a local it's quite lower for me compared to other countries and the purchasing power is not that good since our local currency is depreciating it's value against the dollar so yeah that is why foreigners love to visit my country. 😅✌️

We have been having double digits inflation (33.69% in April 2024) since last year which has contributed to a high price of goods. The price of goods and services has doubled over the years and fuel prices have increased by about 300%. The major problem is that the minimum wage has not been increased to help workers afford basic needs. The government has kept promising that pricing will drop but the opposite keeps happening. I also hope that things will change for the better very soon because there has been an increase in deaths due to hunger, suicide, and also high rate of crime.


It seems traveling or holiday is a basic need in Australia. In my country we are struggling to survive, so we spend only on essential needs. Many people will be happy to migrate to your country because it has better living conditions than many countries in the world.

In my country, the economic situation is much worse, as the inflation rate may exceed 100% due to strikes, successive internal and economic problems, high fuel prices, and government corruption. The government has failed to find solutions. On the contrary, it plays a major role in making the situation worse and worse.

The main problem is the high prices of the basic fuels of the economy, such as gasoline, diesel and gas. The high prices of petroleum derivatives naturally lead to the high cost of all goods and production materials that need petroleum derivatives, whether in production or transportation.

the fact that conversion rate of dollar to your local currency is high and that living cost probably cost less could be a good opportunity for the government to start advertising as being a holiday destination in my opinion, it could help strengthen the currency and if its becoming among one of the most sought after destination they can easily increase their income from the tourism sector and from there on the country could build the other sector as well.
I've seen many countries in the less developed region doing the exact same thing and have been doing well so far, prominently around south east asian countries that advertise so diligently in other countries about their tourism, even middle east like dubai right now trying to attract tourism I guess with all the big project they have.

weak local currency isn't great but there's always ways to make for something, meanwhile the people in developed country are having fierce competition for big earners and the housing crisis that just probably not gonna solved,
its pretty though and I predict that digital nomads gonna increase overtime.

Aussie here too.

Australia is no longer considered the "lucky country".

A few years ago $50 on my opal card would last me a week and a half. It now lasts me 3 days.

COVID + inflation + increased immigration has been a recipe for disaster.

I live in a South Asian country, in our country nowadays the prices of all the daily necessities are on the rise. Life has become difficult for common people living in this country including people of various professions especially those with low paying jobs.

As inflation is very high in our country, people are struggling to buy food with money. There is no shortage of food but lack of money is piling up on the shoulders of common people. Businessmen of this country syndicate various products and then when they see that they are in short supply in the market, they sell the stocked products at high prices and earn double profit. And ordinary people have to suffer.

Also, not only petrol, our country has various oils like diesel, kerosene, octane and edible oil, their prices have almost doubled compared to the previous prices. But now for some time their prices have decreased again but still the suffering of people has not reduced. Currently in our country the price of petrol, diesel and octane is around 1.10$.

Each country does have that different % when it comes to inflation year by year but whatever percentage it would be, on which any positive increase does means that it would really be that a disaster
specially into those peopel who are really just that depending their living into the money that they are getting into their day jobs on which year by year it would really be that lessening its purchasing power
and that what makes it hard on surviving. It would really be that unfortunate if there would really be no having that kind of balancing in between increase of salary wages in together with that inflation because
if this one would really be that remain stagnant then you would definitely be having a hard time on coping it up. This is why it would really be wise that you should really be that trying out to look for another
source of income and not really just that focusing on one.

Yes, its not easy but doesnt mean that you would really be just that contented on what you are doing now because sooner or later at the moment that you would be just staying on where you are
the this inflation could really be giving out that kind of life condition on which you would be able to feel up the struggle.

Inflation is much higher this year than last year in my country. Due to this, the price of dance essentials has increased, but the value of money in our country has dramatically decreased. According to the condition of our country, it has become challenging for lower middle-class people to move. Their life has become difficult. They live without eating a meal if they can eat twice daily. But the value of our country's memories and loved ones cannot be reduced in any way.

Such discussion has happened before. The world is now facing many economic problems and high inflation is driving up the cost of living in every country. Especially in the countries of Asia and Africa, the situation is worse.

 I am a Bangladeshi citizen. I used to be able to live here very cheaply. But now it has become very difficult to live here.  Food products, clothes, house scaffolding are very much on the other hand unemployment rate is also very high.  Therefore, the middle class and lower class people are spending their days in very dire conditions. Where a person is earning $80-$300 per month, a single person's monthly expenses are $150+ so how can a person support a family with his salary.  So you think how difficult it is for me to live here and how expensive it is

I'm in the United States and is pretty damn expensive living here.  I did just recently move out of Chicago, which was insanely expensive.  The other issue is if you rent, a lot of landlords tend to try and jack up the prices on you.  They give you a pretty decent price to start, but then try and jack up the prices each year.  They know that you just moved and likely don't want to keep moving, so they try and take advantage.

Inflation I believe is roughly about 4% here too.  I love better than it was 2-3 years ago.

This is June and I'm expecting to see the new the inflation rate of May, the available one is that of April and it is 33.20% and to be frank with you, life is so unbearable, life is hard and very difficult for everyone due to the economy reforms from the new government, you can't see anything in this country that is the same price as that of last year, the food inflation is so high that food has doubled in price and some necessities has even triple without alternative, you just have to buy them like that and use.

Another challenge my country is having is as a result of insecurities, there is high rate of kidnapping and banditary in areas where agriculture and farming are been practice this most and this has lead to a lot of low food supply with increase in the price because many farmers HD refuse to return to the farm. Currently, the price of tomato has triple that even some traders refuse to buy because there is no gain to make from selling it. Sometimes, I wish I can go back to early 2000s and start life afresh.

The cost of living in a country is getting higher, in fact the government is the one who is most responsible. Because they are the ones who have the power to make policies and they are also the ones who often corrupt state money and in the end it is the people who suffer. In my country, it is actually an agricultural country, but the prices of basic necessities remain high, even though if we think logically, in an agricultural country, the costs of basic necessities such as food should be cheaper.

Apart from that, it makes the cost of living more expensive due to inflation, with inflation the nominal value of the currency is not balanced by high salary standards, making necessities feel more expensive. Due to the impact of inflation, people's purchasing power is low and the circulation of paper money on the market is also small. The value of money continues to decline due to the lack of transactions using this currency. Yes, in the end people cannot stand conditions like this, so inevitably people carry out illegal activities and exploitation. It is no longer a public secret that perhaps in almost all countries, if there is an increase in prices or inflation, the rich will get richer and the poor will suffer more.

it is very annoying when you hear corruption, it is the same in my country as it has become a culture and it really affects the economy for the worse because the funds that are used to improve the development of society in order to have good economic growth with very good absorption are instead corrupted by irresponsible people, it really pisses me off, and this has an impact on inflation and the response of people with their jobs, wrong policies will result in a worse economy.

I don't know that the inflation in the country is very high and it will suppress more people's business especially about the price of petroleum derivatives which will affect businessmen in running their business, and of course this has an impact on increasing the price of goods in your country significantly, the government in office in your country failed to take care of this, people must be suffering a lot, soon I think chaos will occur in your neighborhood.

In my country even though it is not like that the cost of living is still difficult as the inflation in my country is quite high while the salary we receive has no increase leading to the possibility of poverty slowly.

In my country it's same as globally wherein the price of all the basic stuffs like LPG, petrol, raw produce has increased and on top of that companies has started this new method of denying the employees their salary hike by saying they are not firing anyone rather they skip yearly salary hike and to squeeze it further the shitty government has introduced so many taxes which makes it really difficult for a common person to survive.

Oh the horror:

https://www.talkimg.com/images/2024/06/14/ciyIN.png

One billion people would be happy with 14 not 4% a year!


That's irrelevant unless we talk about how much you make a year:
https://www.globalpetrolprices.com/articles/85/
Because you can have the most expensive gas in the world like Norway and still spend only a fraction of your wage on it while people with cheaper gas can't afford  full tank with all their wage.


See, so you're able to buy 12 liters of gas with one hour of work, meanwhile, in a ton of country, you need a full day of work for that!

Every generation will definitely feel the impact of the bad economy. Not only in certain countries – almost all countries in the world are also experiencing the impact. Inflation is increasing from year to year making people's financial conditions difficult - but what is certain is, don't depend on what the government can do but help yourself with what you have.

I need at least $400 for living expenses and any bills every month. Sometimes it's lower or higher - but on average it's certainly over $300 each month. There are no luxuries - it's just that the value of every item has increased due to inflation. Corrupt governments only think about their pockets and their families – they will have difficulty prioritizing the interests of society above their own interests.

Corruption is something that we cant really be able to avoid and turns out to be that a casual thing in todays living and there would really be no exemption. Although there would really be places or countries on which arent that corrupted but in speaking about inflation then its something that every country and corners of the world is affected.

Basing up on some search(2023)
https://www.statista.com/statistics/268190/countries-with-the-lowest-inflation-rate/
-1.74% is the lowest but majority is on positive but not really that much.

Cost living here in our country does increase year by year and if you are someone who wont really be finding up ways or methods on making your living way more
better in terms of income source or stream, then you would really be struggling yourself on surviving on day to day living. This is something that you should really be that
making yourself that prepared at least.

This is so terrifying mate, in the country I live in, anything that goes up doesn't come down again no matter the effort to make the price reduce and it's bad because there are people who can't afford their needs anymore. These days a lot of jobs/companies have closed because this are so cost compared to years back. They government behind economy should make sure to put things in order. Recently labour went on strike because they want the salaries of every workers to increase but funny enough that it didn't worked well for them. But I pray that government should look into their matters to do what the labour requested.

4,62% inflation in 2023. Right now, bureaucrats have as goal the decreasement of that yearly inflation to 3%, although the scenario doesn't look good in anyways, as prices skyrocket each new week you go to the supermarket. Citizens aren't concerned, though, because their priority is to lick politicians' asses and fight each other, based on who they support and who they hate. Personally, I have never seen so dumb and idiotized citizens like we have today.

Is it result of wide internet accessibility without educational and moral backgrounds to ensure the benefits of having access to such technologies in large scale by the masses? Is it just a consequence of modern society's decay? Is it what happens when a considerable portion of the population uses and abuses drugs (including medicines), becoming totally alienated from reality and unable to display genuine and congruent reactions towards its absurds?

Well, modern economies are a real freak show at its worst concept! Even first world countries can't escape this reality anymore...

Inflation is general. It’s in every country on earth. Unless the country doesn’t use fiat (which isn’t possible because what then are you using as legal tender). In the next couple of years, the cost of petrol would likely be more than that. And even if it isn’t, other items like food items, or clothes would cost more. How you’d know this is when you look back to how it used to be, you can see the trend of inflation.

That's true that it's in general there but it differs per country based on the economic status of their state.

While there were even talks about electric cars(EV) and the reduction of the use of petrol will be there. I don't think that's gonna happen 100%.
There are still a lot of people that just want to stick to what we used to have and that will still make petrol's cost that high. And when petrol's cost is too high, everything will continue to rise in prices.

Things are really not funny recently in all parts of the world, I dunno if this is another revolution coming to the economies of the different nations. Prices are escalating and taxes to be paid as well are increasing. In my country recently, doing business successfully needs more than ordinary tactics, lest you tend to fold up almost immediately you started, reason being that there is no much financial flow to accommodate your goods or services, unless your product niche is a need and not a want. The price of things surged by almost 300% from last year alone.

People all over the world are just striving to survive well in the defeated economies they find themselves in. The saviour of the moment is crypto involvements which have proven to be the only remedy to the recent mess the governments have put the countries into. Crypto involvement rates have really increased among people of various age brackets and disciplines. Trading is no longer an option, but a priority to survive and Most people's major prayer points now is for the crypto mining project of their involvement be really profitable.

People are recently looking up to crypto to reshape the world, the strong belief they have in it now has never been seen before.

Inflation is a bastard and that is the more reason why Bitcoin is gonna put an end to inflation and financial slavery as almost every country one way or the other is experiencing inflation as the world is going towards economic crisis and recession however, in my country last year December 2023, the inflation rate was 28.92% as against the inflation rate in December 2022 which was 21.34% that is to show that it increased by 7.58% in December 2023 while in April 2024, the inflation rate rose to 33.69% which means that the inflation rate from December 2023 to April 2024 rose by 4.77% high. This is to show that instead of the inflation rate to reduce it's still increasing thereby making the cost of goods and services high and making livelihood difficult for the common man and woman and this inflation is suffered by many even when high percentage of people in the country doesn't have a job or are on low income salary range.

In recent years, inflation have been on the increase and a major setback to the development of the country and it tends to make life even more difficult as an average family can hardly afford three square meal in a day which also means that the inflation rate of the country has made many suffer abject poverty and unable to afford daily needs. When we talk about building materials or the cost of accommodations in the country, the cost of petroleum products, the cost of transportation and all that almost everything is on the increase.

However, with the implementation of inflation, people will have difficulty buying goods which are primarily their family's basic needs. I think inflation in a financially unstable society will only make things worse for society the difficulty of finding food is currently being exacerbated by inflation which is making the situation even worse goods rise, this really punishes the lower class by using the word inflation.

In my opinion, the state must be sensitive to the situation of its people, because many regulations are made without knowing the situation and make people have to follow them and submit to the laws in their own country, this is really unfortunate for lower and middle class people. because they will feel the impact of inflation.

Currently, many people complain that inflation is occurring which is causing purchasing power to decrease, because the increase in inflation is not commensurate with the increase in salaries. the economy becomes increasingly sluggish. However, those who can see opportunities will certainly look for additional income to meet their daily needs, so it is not surprising that currently many people have side jobs.

In the next years, the cost of everything will be higher than now... this trend will not end anytime soon. As you said, we just need to look back. I guess our paychecks are also rising, but not with the same speed, sadly inflation is winning that race all the time.


Here in Serbia, it's around $1.9, depending on whether you wish a 95 or 98. One is under and the other is around $2. Generally, everything is more expensive than before, some prices almost doubled from 2-3 years ago. I guess the biggest problem is food, we spend a lot on food, it's an everyday need, especially for big families with many kids.

Whoa! You mean it's around $6  per liter in your country? While here in our country, at the cost of 1.3 dollars per liter, I already manage too much; it turns out it's cheaper here than us.
It's hard to live there in your country; if it's just fuel that's expensive, it's probably more so than prime commodities. Is that right?

Then there's the employee who resigned because 90% of his salary will only go to his transportation to work. I'll do the same, because it's a fool to do that;
it's like you're killing yourself little by little.

I thought that it's cheaper there.

But that's true, everything has almost doubled post-pandemic.

Can't cut cost with food especially for the breadwinner. We don't cut foods to the ones that's working for the family, that's why salute to the dads that have been working their a** off all day long just to provide and deal with this declining moments.

We are almost the same almost all basic goods are rising, and high inflation rate is killing us, the crisis is becoming more worst and we feel that it is not really normal, i don't know if there is really a solution with this problem because from  the past president untill today's president there is no changes it is becoming more worst.

The cost of living in my country is super costly  ;D but 1 litres of petrol is not yet up to $1, it is still selling for $0.8. Every country is really feeling the impact of the inflation because it is very worst than years ago.

Yes, inflation is terrible and it is slowly killing us, but I wonder how will bitcoin end inflation? Inflation is not only the result of the Government printing money in an uncontrolled way, but inflation is also the result of an imbalance in supply and demand, the gap between supply and demand is too large. And there are thousands of causes of supply and demand imbalance, the Covid pandemic is also one of the causes.

Bitcoin has potential and has many benefits but to say it will solve inflation or poverty by adopting bitcoin, which is an exaggeration. We need more than one solution and it is not as easy as we think, just the government stops printing money and inflation will disappear.

In our country it's over a dollar, as far as I know the price is already at $1.10.Compared to it's price in the previous year, the effect is too much that even some of those people who have their own vehicle prefers to take public transportation because it can lessen their expenses.

In our country it is very difficult for a worker to afford all his living expenses just with his salary. We find that most of people here are in debts and loans because of the small salary which is very funny. Imagine getting paid 200$ working 26 days a month, while only one good meal here costs more than 20$.
Products and food here are cheaper than most countries, petrol is so cheap, around $0.3 per liter. However, the salaries are very low to afford a good or even a normal living. Personally, I make more money than any paid job here in our country, working as a moderator on discord pays better than a doctor salary here. Thanks to crypto and Bitcoin that made this change, I think without it many people wouldn’t have a better life.

When inflation occurs, this will make it very difficult for people to fulfill their needs because all their needs have increased and for those who have saved money, of course this will be very detrimental to them because their savings have not decreased but the value of them has decreased. the savings they had when they first saved and many more difficulties that occur during inflation.
If a country makes regulations without thinking about the fate of their people, this will really create great chaos because the people will have great difficulty in implementing them.

The recorded annual inflation in Greece was 3.2%, and that's without taking into account how much more expensive fuel, electricity, and water are. Trips to the supermarket have become way more expensive, with several goods, such as olive oil or meat, almost doubling in price. I used to buy chicken fillet for less than €6.50 per kilo, and now it costs €10 in the same supermarket, and the condition is only worsening.

Certainly, this rise in prices is a worldwide phenomenon; however, some countries have it way worse than others, and Greece is certainly one of them.

Yes, I feel that too and most people definitely feel it too. I know this problem is closely related to inflation, but I also think that this problem occurs because the human population continues to increase, resulting in increasingly tight competition for money. my strategy is to look for additional income such as joining airdrops and bounties.

Really not laughable as many nation is deeply in sorrow over inflation, I see it as negative restructural design by nature to punished man kind and slow down their activities, not just a system regulator it courses more harm than regulating. For instance in most if the third world countries many barely feed two square meal even one is difficult for them as a result of high inflation, many sold properties, and others valuable to survive, inflation is like war that dangerous weapon is been use to eliminate the human existence why acting as a wave towards the people.

My country inflation is at the extreme and is crashing the nation the revival if what the inflation has done can't be soon, the adoption of Bitcoin and crypto currency in general has in one way positioned and limit some zero level crashed of the nation economy even if it can be fully revive but has reduced some panic by the citizens who are engaged on the Bitcoin or crypto currency eco system, as the government is left with no choice than to dance to the tone of the inflation.

Everything was fine but suddenly the price of fuel oil has gone up and we are seeing its impact in every sector. All of a sudden the price of fuel oil has increased so much that the industrial factories have increased the prices of their products as a result of which the products which were bought with relatively less money are now being bought with relatively more money. The price of fuel has gone up all over the world so I think every country in the world now costs a lot more. People always complain that even though the prices of daily necessities have doubled, the income of people has not increased. That is, an employee still gets the same amount of salary that he used to get, but he only has to buy different products with more money.

The cost of living is continuously being raised nowadays as the world situations and political disorders have make it more volatile. It is almost impossible for a middle class man to survive in these kind of situations where things are getting costly and the value of their currency are decreasing day by day.

The governments have to make sure that the living cost and taxes should be balanced and people should be given relief.

Before, things used to increase on either annual basis, two years or more. But now, things are increasing like hourly not even monthly. something that you just purchased few hours ago, going back again like in the evening, you will see that they will tell you another price that's more than before. The problems that most countries are facing today, are caused by the government. Removal of fuel subsidy, unification of foreign exchange and leveling of taxes on companies and industries have made things difficult for people. In my society today, people are suffering. their income are not up to their expenditures. Still things are going up.

Of course, inflation in each country will be different and price fluctuations will also depend on each item. In my country, there are many farms that raise cattle and poultry and specialize in exporting to neighboring countries. For example, the price of chicken in the area where I live is only about 3 USD per kg, or vegetables and fruits are very cheap because we can even grow them ourselves for better quality. It can be said that my country is an agricultural country and I live in the countryside, so I can hardly see the effects of inflation on food products.

But we are having to spend more money on electronic devices, technology or gas and electricity prices have increased a lot for many reasons from the Government. I've even seen them go higher and higher each year and have never dropped back to the same price.

Don't just focus on airdrops and bounties, mate, even though this can also bring in additional income which can help some people with these results when facing inflation. But try to think about opening a business that can also generate income actively so that we are not so affected by the current inflationary conditions. Because everyone needs to see more promising business opportunities for their future, even though airdrops and bounties can also be continued as usual because these two things will never interfere with the business that we will open later.

All of us suffered the impact of market inflation. The cost of living now is quite expensive than 10 years ago and not to wonder for me because this is certainly going to happen even though we don't like it. It is a fact that having a single source of income is likely not enough for now to say that we are okay and live comfortably.

Everything is rising and worsening, especially when is led by corrupt government officials. This is why we don't have to stay cool and lazy but rather work hard because the coming years are an even more struggling situation than what we have today. Seeking additional sources of income is perhaps necessary to survive the unstoppable inflation strike.

True, it is not wrong to get involved in bounties or airdrops because after all it can give someone money, but what we must understand is that these two things have no guarantee to always produce or mean only side jobs that are for profit without being based on any certainty in the sense that don't put too high hopes on these two things, especially if we are in an economic crisis due to inflation, and as you said that it is better for us to look for additional opportunities or create our own opportunities with a more promising level of certainty whether it is opening a small business or adding a part-time job if it does not interfere with the time for your main job. The point is to do anything that can be used as a second escape to help support the cost of our needs when inflation occurs. I also play airdrops but I don't really prioritize most of my time on it and I also don't have too high expectations.

I’m living in a 3rd world country with a low minimum wage rate yet our petrol cost is around 1.5$ per liter which is insane amount to spend as a minimum wage eaener.

There’s a lot of my fellow countryman is migrating on your country(Australia) and experience a much decent life compared when they are here working since salary rate on your country is good compared to 3rd world country like mine.

Cost living here is decent yet people prefer to migrate for a better salary rate.

since my days as a little boy, I haven't witnessed the increase in the cost of living as what's now the case. Almost all the common and uncommon commodities have triple there prices and it's now too deficult to live well with a single stream of income. Local manufacturing industries have almost close down and are not functioning, it's been ages since we've seen new jobs being created by the government and the individual that are already employed aren't seeing there salaries on time and even when they get paid, the amount isn't enough to battle the rate of inflation that has become a serious problem in the land.

It's so bad that the global economy is getting from bad to worse almost every year and these are all product of failed leaders that aren't setting out the proper systems on ground that will aid the rate of employability of youths.

The whole world definitely feels the impact of inflation in every country, this makes everyone increasingly suffocated in meeting their daily needs. Agree with what you say in this case, in cases like this we must be prepared to face this kind of situation which occurs every year in our country and what everyone must do in facing this situation is we must create new foundations or skills in various kind of for our new income.

You have inflation rate of 4% and you are complaining, what do you have to say about countries that has theirs over 10-40% and they don't have anything to run down to, no help from the same government that has made life unbearable for the people with zero subsidy to no subsidy to basic amenities and yet you are complaining. I know it's normal to want a good life but there are places with even worst inflation rate than your country and the price of petrol is expensive more than your country.

For example, I want to use Nigeria to explain the hardship we are facing here, right now the inflation rate was said to be 33.9%, that's worst than anything we have ever experienced since this country has ever seen, the new government just removed fuel subsidy which means the fuel we are buying cheaper is now almost 5 times the original price and for that, everything that involves fuel has increased price majorly the cost of transporting food from place to place, these is just minor of the many problems we have in this country, so I think you are enjoying compare to some countries.

3.9% looks small, no wonder why many people/foreigner wants to go there but there might be another reason too like there is a special place there or tourist attraction, though I think each country do also has it. Each is still unique and maybe they are done traveling with the other and not yet in your country.

It was like a blessing in disguise then? :D, but that should make your economy better now, which can also result for your local currency to appreciate or recover and rise, same goes to the wages being offered there by many companies. I'm not only sure if the price of the goods will get lowered too but I think they will rise, however it's not really a big deal, since we can still afford them.

The problem with third-world countries is that the cost of living never improves, it just keeps getting worse. This is because inflation is always on the rise. The inflation is so high to an extent that no matter how much the average person makes, their money won't be able to afford basic things in the country because everything would be so expensive.
Increasing the minimum wage in a country like that would give workers more money for sure, but with the time that money would become worthless because when there is more money, the inflation rate would increase thereby causing prices to increase with it, so the money workers have won't be worth much anymore and so the circle continues till the currency of that country would lose so much value.

To battle this problem, the country needs to look for ways to cut down the cost of production and encourage small-scale businesses. This would promote competition. When there is so much production at lower cost in the country, import would be reduced and that would reduce the prices of goods.
There are ways to fight a failing economy, but the government and its agencies need to put greed and selfishness aside and be ready to put their head together and do the job.

Only the people of our country can tell and understand better how the people of my country are passing their days to meet their essential needs. Despite being a developing country, there has been considerable improvement in infrastructure in our country, but the people of our country may not be able to fully enjoy these improvements. Big projects are being launched due to which the govrnment has increased the amount of VAT on every item several times. The new budget that has been prepared for our country has increased the price of almost every item. 

Our Bangladesh is a riverine country, yet we have to spend half a dollar to buy a liter of water in this country. Those who have big businesses or who work in big positions in big organizations may accept things but those who make such budgets should come and make budgets in line with those people who struggle to raise a handful of other things.

It seems that every year is full of uncertainty. Whether you've got a regular job, you're not going to be exempted with all of these things. There are many regular workers that keeps on finding another source of income which likely 2nd or 3rd jobs because they can't deal with the continuous rise of cost of things. In my country, before it was not that expensive at all and now everything has became as if you're also living in a country that has a high cost of living.

So, most countries nowadays and its people needs to accept the truth that there's no one that skipping all of these high rates of inflation except the real rich. The rich that are said to be holding the most of world's wealth and are the ones that are controlling the banking sector and economy of each country. They don't mind these inflations as they're all set for life while a pleb like me, I have to deal with these crazy situations of my life that I need to do nonstop work and do the same as what others are doing in finding other sources of income.

Going over this thread and reading the responses, one thing is clear: most countries right now are currently going through inflation and it's biting real hard. In my country, cost of living over the last decade has gone over 4x what it used to be. I used to think we had it worse but now, I can confirm that other countries have it as bad as we do. Does anyone know why inflation is eating away most of the world's economy? I know Bitcoin and crypto played a role but that's not the full story.

Let's say that the cost of living in a country where I'm in is that, one stable job is not enough especially if you are only earning the minimum wage or you are a minimum wage earner, thank fully I choose the field where the salary is quite high or to be exact in IT field, and right now with continuous increase of inflation rate minimum wage is not enough especially for those who has a family already that's why many people are only living with minimum they can't even enjoy the life because all things are costly. Well we can't control the flow of the economy so the only thing we could do is that we should find our way in order to earn extra, I mean if you want to have a good life where you can buy or get the things you want and need then find your way in order to earn more money if you will settle for less then expect that you will only have a hard time.

Yes Bitcoin can put an end to inflation if we continue to accumulate and HODL and it's adoption continues to increase such that the 21 million Bitcoin is totally mined because after that time it will become a long term asset and may likely become a stable coin since there will be no supply anymore except if the need arise. However, even if the government stops printing money it can't completely end inflation because inflation is driven by a lot of factors. 

Kinda fucked but if you're an ex-pat that lived in the Philippines with savings back from your homeland you're pretty much set. We got a lot of foreigners here thinking they hit the jackpot (which they did i mean by a long shot) considering from where they live shit is 5-10x more expensive than in the Philippines, if that is your case everything is pretty much cheap and you'll enjoy living here. For most of us though, including those within the poverty line it couldn't be any worse. Shitty living conditions, lack of opportunities to access education in poverty-stricken/maginalized areas of the country, and so much more ugly shit.

Gas is also becoming even more expensive here, we're slowly hitting the 2 dollar mark, which is still cheap I guess for ex-pats but is definitely not the case for Filipinos.

So yeah, Philippines is slowly becoming a xeno-centric country while not giving a single flying fuck about its home-grown citizens.

This isnt really just that limited on Philippines alone but also in other developing or 3rd world countries on which into those foreigners would really be tending to settle down on such country and just like on what you have said that if then did have that kind of huge savings or passive income that they do have on their country which the value of their currency is way more higher or simply that huge then they could really be able to have that good life into these 3rd world countries. Just like on what you had elaborated on which into the lives into those locals specially on poverty status or condition then each year would really be that a huge pain in the ass on which if this particular year is hard, then it gets harder into the next one and so on. Why? due to that lack of opportunity, salary increase, shit inflation and other stuffs that in correlated with shit economic conditions on which it is really that making things even more harder. This is why if you are poor then it would be best that you should really be finding up a solution on how you do make yourself
that be able to survive on this shit condition.

Because the wage growth is lower than the inflation growth, that's why most people think the situation are getting worse since their salary can't meet up their monthly needs.

We know that there are poor class, middle class and upper class people, but in the future, middle class will gone because if middle class don't save money, don't looking for opportunity to make more money and learn financial knowledge, they will become poor class because they don't understand about money.

Even China has a good economy, but as we can see there's a big social disparity between the poor and the rich.

https://imgvb.com/images/2024/06/18/54cb653d88efea00f2c9a251915cff36.png

Generally in present day almost everywhere a family cannot survive comfortably with only a strawbale job.  If a family does not have multiple sources of income, then the expenses of food, clothing and entertainment of that family cannot run properly. The salary of a government employee in my country is $250-$500 but here the price of beef is $10 per kg, chicken meat is $3 per kg, rice is $0.8 per kg so how can a family survive with such income.

Usually in almost all countries, the salary of government employees will be able to meet living needs even though it is not luxurious, maybe what you mentioned is just the basic salary without including allowances because usually government employees will be looked after by the state for their welfare and also their old age.
I think in almost all countries, whatever work is done, you will be able to survive as long as a person is willing to work, the meaning of survival is to fulfill basic needs, not to live in luxury.

This is also the case in my country, I see that many people in my area are able to survive with their own lifestyle, even though there are also those who don't get decent jobs but with odd part-time jobs are able to meet the needs of themselves and their families.

Things are increasing day and night. And I don't blame the government but the electorates because they decided to put the wrong person in place to suffer us. I was not really thinking of this to be like this. Everything is just jeopardy and the government is not doing anything to douse the situation.

In recent years, it is very visible in my country that prices of all basic commodities have increased but incomes have not increased. Well, this is what makes it difficult for many people to save or want to invest, let alone buy a house because everything is expensive. This is all the result of political chaos and continued inflation. Inflation makes middle and lower class people increasingly miserable.

Yes of course. At times like this the government should be present and take policies that are in favor of the people. In my country everything is expensive, starting from basic necessities, shopping in supermarkets is already more expensive than food prices in Europe. I compared before the crisis, let alone now. This is where the government's function is to adopt policies to reduce food and property prices in balance with minimum wages or income. Because to be honest, the only people who can buy it are the corrupt, so for them, even though the price is expensive, it's a lot of money, it doesn't matter to them.

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.

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.

It's alright at the moment though it was a whole lot better in the past just like almost any country out there. COVID screwed the entire world in more ways than one and its effects won't completely disappear anytime soon.

I feel fortunate though since there isn't any crisis ongoing in my country currently and I hope it stays that way for a long time in the future.

I think it all depends on the country you’re in. For some countries, the cost of things hasn’t really seen much changes in couple of months while some are probably seeing frequent changes. Irrespective of what country you would name, I would agree that it is suffering for your income to not cover your expenses. This is what makes people work for the whole of their lives. Because they don’t even see a window to save their retirement money as they haven’t even completed their bills. I guess it’s to monitor how you live and try to adapt to how others are living.

That is 99% of the world but not every nation. Most of the time, if government is paying you directly, that means they are paying you at minimum an amount that would mean you could afford rent, food, clothes and medical stuff, which is bare minimum and you should be happy with it.

Depends on the size of the family too, if you have one government income from a dad, and mom doesn't work and they have 4 kids, that is not going to be enough, but if you are a single person, and get paid, then you may live very comfortably as well. These are all important parts of the information to make sure we know the difference, otherwise it is not that simple to make that difference. In the end, it is quite important for everyone to have a base income.

A government that is elected by its own people does not deserve to be completely blamed because it really starts with choosing the leader during the election, so the thing that really needs to be corrected in depth is the party that chooses the leader themselves. That is why every citizen should not choose a leader carelessly if they still care about the country's economic progress and also the welfare of the people equally in every corner of the country. Because it is wrong to put someone in charge of a country, there will also be bad consequences for the people themselves so that it is the people who will feel all the suffering in whatever form it takes.

The people are the problem even though we voted for people who are not competent, we are also part of those who are making things very expensive because it is not the government that is making things expensive it is the same individuals like us, and now the love of money has driven the whole country into a very tight condition, Instead of the government also laying down policies to control things, they just leave things for individuals to control, People need to be guided because they are just to greedy, and since most of the production companies are owned by them, they won't regulate anything just because of their interests. and since they chose their interests over the interests of the people, they have corrupted the economy and the price of things is just out of their control and the government needs to act on time.


majority of countries operate democratically but can not even speak for themselves anymore These are people choosing to represent, and when they get theirs, all they do is spend public funds, and these days they do everything possible to rig the election This shows that they can go to any lengths just for them, and during the election, you see people selling their votes just because they want money they don't even care the amount they will still sell their vote and when the person is elected when thing are going the other way around, they start complaining and that did not mean that they won't sell their vote next time.

Bitcoin is just an asset and a deflationary asset like bitcoin is very anti-inflationary , but it is perfect when used on an individual , institutional level...As for the inflation of a country or the entire world economy , bitcoin will almost not solve the problem.
As I said , there are many causes of inflation and keeping the world in balance is not as easy as we think . For example, the world population is growing rapidly and is difficult to control, thereby making managing and balancing supply and demand an almost impossible problem to completely solve. Therefore , controlling inflation is much more complicated than we imagine .

I have never denied the potential of bitcoin but we need to be realistic and need to accept the fact that bitcoin is not a god and can solve all the problems in the world.

In the country I belong to, human life is cheap and things are expensive. There is a serious money crisis. Jobs are not available. No matter how educated you are, if you don't have a good recommendation, you can't land a good job even in the private sector.

Food and drink items are very expensive and if we talk about private hospitals and schools, a normal person can't even afford them. Rising inflation and taxes have left the common people worried. I don't think your country can be better off than mine. Everyone can only hope that inflation will decrease in the future and people's lives will improve. It should be easy to provide and taxes should be completely abolished for the poor.

It is sad to say that our country is full of particles and minerals, but due to corrupt government and politicians, poverty is increasing day by day in the country and people are deprived of jobs, even those who are farmers are not doing their work. Due to which the courage of the farmers has also been broken, if this continues, I am afraid that very soon our country will be defaulted.

I believe that anyone who gets involved in illegal activities simply because their government refuses to do what is necessary to fight corruption is just interested in getting involved because there are many jobs available in every country that can put food on the table. However, most of our youths do not have patience, they always want to live like their friends and buy expensive clothes. I agree that we come from a country where our governments do not care about our survival and the cost of products is increasing every day, but I wouldn't encourage any of us to get involved in any illegal activity.

Also, the cost of living has created problems in every country, even people with jobs are no longer enjoying their salaries because the prices of the products they pay for keep increasing while their salaries remain the same. Workers in my country are demanding increases in salaries because they cannot continue with the cost of living while their monthly earnings do not change.

But still not a solid reason for you to commit crime or something that would really be illegal but well each person does have their own personal reasons on why the do end up on that path on which its not really something that recommended because if we do talk ways and methods then there are really indeed ways for making ourselves that better but due to lack of those opportunity or even having that hardtime on getting one then this is where
people do end up into this kind of solution. Its not something recommended since once you do get caught then you would really be that imprisoned but due to tough situation then people would really betaking up such risks.
This is why on the moment that you've seen yourself on hard situation because of lacking money or income then it would really be better that you should be finding alternative no matter how small it would be.

We are living in a world where economic situation becoming shit as the years passing by and hitting up with inflation on which makes things even more harder and challenging. If you are someone
who is really just that contented on what they do have now and wont really be tending to make up some changes or additional income, then sooner or later you would
really be able to felt out on what are the things that you would be able to encounter and making up those huge regrets that you didnt act out fast.

For me, the cost of living in my country now depends on a person's job. Many people now work but the salary is not suitable, some are even willing to work according to the working hours and the salary is not much, therefore many people commit crimes such as robbery and others.
In my country it is very difficult to get a job, there are many conditions that make people afraid to do the job, that's why from what I see, many Indonesians choose to work in other countries such as Malaysia, Singapore and others.

Crime occurs because people don't work but are addicted to gambling, from there they commit crimes, not because they want to, but because circumstances force them to do it in such a way, because they don't need much income, they just spend their time gambling and getting drunk every day. drunkenness, something like that must be dealt with firmly because it disturbs many people, disturbs the peace of society due to their actions, therefore we must take care of each other, so that undesirable things don't happen, if there aren't any in our own country. vacancies try trying to migrate to other countries, many people are successful by migrating to other countries.

*Only if the people choose to use Bitcoin.

You can't really help anyone if they don't want to use Bitcoin, as Bitcoin and other established, large cryptocurrencies are the only way you can actually escape inflation while having a sort of legal tender which you can spend anywhere and has this huge network of services for buying, selling and even loading on a card.

I feel that there are a lot of truly honest people in government, but the problem is that people who are selfish are more willing to speak out than honest people. I believe that what is more dangerous is honest people who are silent than people who are dishonest but they always talk.
I agree with you that we cannot blame the government completely, because we also take part in voting, especially if it is a democratic country. But once again there are always unscrupulous individuals who always want their own profit and that is a disease in government.
Things like this make people victims, for example the corruption they commit and this causes enormous losses to the country.

Here in my country, we have rent at least around 60-100 dollars per month which is more likely capable only to couples like one bedroom, kitchen, and small spaces for your things, if you want bigger spaces you will increase additional cost, also the location matters too if it's nearby with the stores, highway, etc which is having quick access with the necessities. Regarding with the food seems like for the four person at least 10 dollars per day for the whole meal I'm talking about the lower-middle class status downwards.

In my country Bangladesh, the prices of goods are constantly increasing day by day, as a result of which the standard of living has become so poor that the common people are struggling to live a good life. I have beef at $8 per kg, rice at 60 cents per kg, sugar at $1.2 per kg.  Potatoes at 70 cents per kg. It has become difficult for common people like me to support the family with low income money.  If this continues, we will have to face a major disaster in the distant future.

yeah the only way to live right now is having side hustle or having two jobs, sacrificing time in exchange for money is the way to go for average people, minimum wage won't cut it since we all pretty much already know that minimum wage can't really keep up with inflation.

for the people that could still get some money left despite having minimum wage because maybe they live frugal live and live alone in rather affordable apartment or some kind, always try to seek more opportunities through education and investments, I think its the only lucrative way of increase the chance to make higher income, otherwise we'd be stuck forever having minimum wage and jobs that pays minimum wage usually aren't really stable.

currently i'm grinding hard to increase my wealth through investment as well as getting my second degree, hope it pays off but no one can be sure and I also have my share of doubts that maybe my investment in education will turn into waste of money.
its overall tough situation the inflation does really eating up our money bit by bit, eventually it will become unbearable if government don't intervene or don't have any good solution. at some point there will be no more middle class but only rich people and poor people.

Gas being quite expensive is common all around the world, and it does make EVERYTHING more expensive, from a simple bottle of water to the most expensive you can think of, all of it were made using either gas/oil, or they were transported using it.

However, we need to remember that human labour still doesn't cost any gas at all, hence why the salaries are not growing as much as inflation did, and that's why people are poorer. If inflation was 11% in your nation and your salary increase that year was 8%, you feel like you got richer, and you still be able to cover that small difference by cutting down a small amount, but you are still poorer by definition. This is why every nation is doing terrible now, or at least people of them.

Life in my country has become very difficult now because of extreme inflation.The increase in the price of goods has made the life of the people more horrible. It has become difficult for the lower class to live a normal life.

The cost of living of in my country is quite alarming, due to the fact that the price of petrol is high, the masses can't afford utilities,adequate food etc . The worst of part of it is that the government is not helping matters at all many graduates are out there searching for job, most of them involve in Internet fraud,  there are many qualified people for a particular job  but due to th corrupt practices in my country the politicians secure job for there children. The rich keep getting richer while the poor get more poor. Everything Is so expensive I'm my country...only God can help us from evil leadership.

Similar to Australia, the cost of living crisis in Indonesia reflects unstable global economic conditions, which affect people's purchasing power. Rising prices of goods and services can cause financial stress on individuals and families, forcing them to spend more money to meet basic needs. This situation can also create uncertainty and economic difficulties for some people. as the saying goes "Money is not everything, but without money, everything is difficult" - this proverb describes the increase in the cost of living in Indonesia. Difficult economic conditions can have a big impact on people's daily lives, so it is important to have good financial management skills Good.
However, there is a view which states that despite the increase in prices of goods and services, Indonesian people are still able to survive and adapt to fluctuating economic conditions. Many of them are using savings strategies, looking for cheap alternatives, and increasing creativity in facing the challenges of increasing living costs.

I think, the inflation is affecting the global economy, because the price of commodities has increased speedily in various countries of the world to make citizens to find it difficult to feed well, because their salary has been devalue based on the high price of commodities in the world.  I have seen many citizens protesting in some countries concerning the increase of commodities and other things in the country, I think some government are seriously working to reduce the high price of commodities and other things to enable the citizens to live well. Both the wealthy and the poor are experiencing this inflation, because the way investors use to make income in their investment, it has reduced because the inflation of the country is very high for citizens to cope well.

Inflation doesn't just happen regionally, but it seems you are right in saying that it happens globally, so it's no surprise that this has an impact on every country, the most impactful of which are developing and poor countries. So that the prices of everything increases, but the income earned actually decreases because the value of all goods increases and is no longer commensurate with the income earned.
Citizens will naturally protest about the scarcity of certain materials, or that they are available but are expensive and are actually unaffordable. The government must intervene in the market to prevent prices from increasing, and it is not easy to do all that if this happens.
In a situation like this, what is feared is that many factories will close because production costs will become expensive, so that more unemployment will cause further difficulties.

The way inflation is happening in Bangladesh, it seems that in the near future the people of Bangladesh will fall into famine and even the lower middle class people will die without food. Because the prices of foodstuff, clothes and other things are increasing in this country which is a threat to the middle class and lower middle class people.

I am giving an example of the price of common edible oil in Bangladesh, currently the price of soybean oil in this country is Tk 200 per liter i.e. two dollars but earlier it was only Tk 100 per liter. Which has almost doubled compared to the previous price. Not only this product, there are many other products which are necessary for our life and their prices have almost doubled. Even though the price of goods has doubled, people's income has not been opened and even their income has not doubled. Prices of gas, oil, rice and pulses have increased. All in all, the cost of living in our country has almost doubled.

Here at the Philippines varies depending on the location like how close it is to stores, malls and also main roads and lifestyle approach. Here's one, in Manila apartment prices ranges around 25,000PHP to 50,000PHP that like $435 USD to $866 USD per month. The utility bills like electricity and water range around 2,000 PHP upto 5,000 PHP so in USD it's $35 up to $87. Before, a meal only cost 0.52 USD but to now it's already at 2.60 USD. Also, transportation here varies depending on the price of oil so public transportation can be overspending. Low incomer to middle incomers definitely feel the effects of inflation as to jobs needs a lot or requirements in educational attainment even tho it's irrelevant on the specific jobs. Not so much to say here but religion also counts where its about getting hired in a job. So, considering a city or area to live on also align in you financial preferences.

At least your country has a price that you can relate to, in my own country the cost of petrol fluctuates like a bird in the sky.  The downside of the matter is that the price of petrol dictates about 80% of a country's cost of commodities. I wish the universe would magically give us better leaders who have us at heart, Unfortunately, most of our current leaders don't have empathy and are all concerned with enriching themselves.

I think the increase in the inflation rate was a worldwide thing in the year 2023, or even as time goes by. The inflation rate in my country is terrible. It went up slowly, but people never expected it to get to this level. Not a payer though, but at this rate, we may face a global economic crisis. Call it " The great depression 2".

As individuals though, we need to ensure that we aren't swallowed in all of this. In evolution, some scientists considered survival of the fittest to be the major factor that distinguishes us from other animals. Those who could survive became stronger and evolved, while those who couldn't, perished and were swallowed up by the struggles. We need to think outside the box, may not be for your country, maybe for yourself and of course, your family. Sometimes, the worst times are what make you stronger and more evolved.

It is indeed difficult to deny because in my country the price of gasoline is still relatively expensive so there are still people who complain about it. As for the current leaders of the country, it is indeed very difficult for us to find those who are truly good because their goal is no longer to improve their own country, but only themselves and the people around them. Because when we start to explore more deeply in our respective countries, sometimes there are also rules that are unreasonable but all people must be able to follow and heed them.

Initially I thought this crazy inflation is only happening in my country (Nigeria), ..out here people are barely surviving, people can't afford basic amenities anymore, even those that are rich are cutting down their expenses, they can't really spend money the way they used to.. Funny thing is people think they way out of this hardship is going to another country forgetting that the inflation is all around the world,
The cost of petrol is a thousand naira per litre which is times 3 of what the price used to be, the economy of the world is crumbling and people are exhausted

The increase in fuel prices will automatically have a domino effect on all other commodities, especially basic necessities. This is clearly the responsibility of the Government, they should be able to ensure that the increase in fuel prices does not skyrocket. Indeed, there are types of fuel that receive subsidies from the Government, but the quality is very low and makes vehicle engines easily damaged. It is true, there are so many officials who are involved in corruption cases, all of them no longer have time to think about the welfare of the people, and only think about their personal interests and groups. In my opinion, it is quite difficult to survive in this era, even though we have a fixed income. All income is sometimes only enough to meet daily needs, so it will be very difficult for us to save or invest.

for now stabilizing oil prices is very difficult due to various factors such as war and dwindling oil supplies, therefore it is difficult to keep prices relatively stable, and cause the quality of the economy to decline, and many leaders take people's money through corruption, they do not see the people who are important for themselves and their families to live comfortably, in this case makes us think about the difficulty of people who can be trusted in the current era, and that is a challenge that will be faced in the future.

I tell you the cost of living in my country is extremely on the higher sides and it's affecting every sectors leaving the masses to live with the capacity of not knowing what to do,it's not helping cause the poor masses find it difficult to afford two square meals also which is leading most of them to death and illness.

I sincerely don't know why this is happening this way,far back it was better of than this and there are opportunities in all areas but this era it's very difficult and yes paving an avenue for our young youths to do illegal things cause it seems the situation isn't getting any better.

Tho we hope and believe that the government finds a better solution to remedy this issues and let life be at balance for everyone, talking about transportation, feeding, everything just keeps going higher and worse and like you said it's generating more rooms for corruption cause no one wants to struggle hard,they just want to get it fast enough by every means.

Cost of living will really be that actually be just that the same if we are really that a resident of a certain country or simply we arent that visitors or tending to migrate specially into those people who do live on 1st world countries on earning up some dollars and converted back into their local currency on which it would really be ending up on having that significant value on which this simply means that you do find yourself that being sustainable despite of those high cost of living or anything around since you could really be able to buy and provide for yourself considering of your purchasing power or simply with your financial capacity. There would really be those people who do really do their best to have that multiple income source despite of having their own work on which its a must thing i should say.

This is why we do really work hard our assess of just to have that income and could be able to survive on day to day living. The main issue on here is that these non stop increasing of price of goods and services is really that going into the roof or simply having those inflation issues or problems had become that standard ever since. There's nothing we can do about it but we do have to deal up something such as this.
You wont really be able to survive if you wont really be doing those other alternatives or ways for you to earn more or adding your income.

Everything will feel the same impact where when inflation, especially for large countries that have a dominating economic level, it is certain that it will affect other countries as well because after all this is a form of domino effect created so it is not too strange if until now almost all countries feel the same way.

But in this case, of course, when all feel the same way, it is clear that we ourselves must be strong to survive in life because after all this is what is important. Sometimes we complain enough just because we feel that we alone or our region and country alone are feeling the effects of inflation but in fact all feel the same and it is not the time to give up because of this considering that life goes on which means we must continue to be able to survive in difficult economic conditions like now.

Generally their are cost of living crisis going on in most part of the world right now, and if Australia inflation rate is just 4% then I wouldn't be that bothered if I was there, because in my country right now, the inflation rate is at 33.95%  right now, which has triggered a nation wide protest, which start since the beginning of August, theme: end bad governance and hunger

Though right now, the protest is getting more messy as days passes by, because the president of our country have failed to address the demands of we the protesting youth, because as it stands now, the cost of living is actually trying to kill the living, and it actually not funny at all, and we are ready to protest as long as it takes, in other to achieve the desired result, though they are using the security agencies to kill us, the protesting youth in most part of the country but that hasn't deter or stop us from fighting for a better life, than dieing in silence.

I know your post is a bit old, but I missed it and this thread for some reason.  Whatever, you nailed it right on the head with real estate (and rental) prices.  Don't know what country you're in, but the US this is what the market for single family homes has been like for the past 5 years:

https://www.talkimg.com/images/2024/08/07/5JVWb.pnghttps://www.redfin.com/us-housing-market

That varies by state, but no matter how you slice it, that's a lot of money to own a home.  And I've seen the price of apartment rentals skyrocket in the past 10 years; it's amazing that there aren't homeless people living on every single block in the US.

And this is what inflation has looked like in the US roughly since before COVID botched everything up (in percentages):

https://www.talkimg.com/images/2024/08/07/5JrQv.pnghttps://www.usinflationcalculator.com/inflation/current-inflation-rates/

Fortunately it looks like inflation is coming down, hence all this talk about interest rate cuts and such.  I'm waiting for a sustained trend before I believe we're not headed toward hyperinflation--but maybe that's the bunker-building, tin-foil-hat-wearing paranoid sidewalk-screamer in me talking.  Heh heh.

You are right, currently the situation in Bangladesh is going to be dire. As the prices of food items are starting to increase day by day, it has become difficult for common jobbers and day laborers to run their families. Meanwhile, the dictatorial government in our country, Sheikh Hasina, has resigned. Today I saw in the news that our Bangladesh has a huge debt, to repay the debt, more VAT will be levied on food products, then the price of food products will increase. In our country where I live a day laborer earns around ($4+-) per day. You have mentioned how much the price of food products in Bangladesh has increased, then how will a day laborer manage his family? How will a day laborer collect money for the future? In a word, it can be said that it has become very difficult to run the family of low class people in our country.

I heard about the ongoing crisis in Bangladesh, the worlds economy is crumbling coupled up with Crisis in different Nations, I'm from Nigeria and a lot is happening in my country too, the average man can't afford basic things anymore cause the inflation is unlike anything we have ever seen, depending on salary alone would be a very dangerous thing to do cause you might end up in a lot of debts.. it's time to take advantage of the internet and make money from it, the presidents and leaders don't care about their citizens, so people have to make a way for themselves

Things are looking like it is getting a lot worse these days, recently too. Not because we have seen covid or anything because that happened a few years ago and it sucked when it happened but this is now, years after and things are still not great.

The sad situation is that inflation is high, and the interest rates are high because of that as well. This is why there isn't really any way to make money, everyone is trying to put their money in savings, because they know that interest will not stay this high forever, meaning that they have a limited time to make as much as possible with this high interest.

Because people are not spending their money, that usually means that we are not seeing them investing into anything or not even purchasing as much as they used to, and that's causing a lot of trouble for everyone, loans are impossible to get with these rates as well. This is why making money is harder too, I am making nearly the same amount of money, and yet everything is twice more expensive, but life is fine, because I am doing alright with my income, there are people who are going hungry right now.

This is why we should be careful with our future and be ready for it as well. I think the best way to go about this situation would be just waiting it out, because we can't do much right now and it is not going to end up with anything good anytime soon, so just wait the period out and I am sure that eventually things will get better.

The government is not able to handle the global crisis because it has affected various aspects of the economy, one solution the government should have is to support micro businesses and farmers to sell goods at lower prices than imported goods, but the government's efforts are not carrying out that interest and they want to secure their personal finances and assets from the impact of inflation today, we should not depend on anyone and we should look for opportunities to earn income, I am happy to see the crypto community looking for opportunities to improve their finances, on average they earn income from airdrops and there are many other opportunities to earn income on the internet according to your abilities and skills.

I can't say what the cost of living is like in different countries of the world but in my Bangladesh the price of daily necessities is so sky high that the common people are struggling to live. The prices of daily essentials are skyrocketing and so out of control that it becomes very difficult for a middle class family member to lead a normal life.
Rice $3/5kgs, potatoes $0.56/kg, Poultry $1.8/kg, Meat $7/kg , Soabean oil $1.6/kg, sugar $1.4/kg, petrol $1.27/ltr, eggs $0.5/4pics ,
In general, it is becoming impossible for a low and middle class family to live a normal life in Bangladesh.  Corruption especially in the political circles and arbitrary arbitrariness of the judiciary are responsible for creating this situation for us.

Yes the current economic condition of Bangladesh is critical due to which the cost of living of every person living in this country has doubled. The prices of food items including daily necessities have also doubled as you mentioned. This problem is ongoing not only in Bangladesh but also in some countries in Asia and Africa.

I want to hold the government of that country responsible for the economic crisis of any country just as the government of Bangladesh is the cause of the economic crisis of Bangladesh. The former Prime Minister of Bangladesh who recently resigned and left the country has given the country a huge loan to the World Bank. Which is a burden to the people of Bangladesh. In countries that loan more to the World Bank, the government of that country pays additional VAT on various food products and clothing produced in their country, as a result of which the price of those products doubles. As a result, it becomes almost impossible to meet the living expenses of the day laborers, middle class and lower middle class people living in the country.

I think the way things are going it would be hard to get it back together like it has always been, from my end I'm beginning to believe that cost of living is very high and is becoming a global thing. If things are not too high I don't think we would be having some citizens leaving their country to the next no matter the means.
In my country things are not easy with the high cost of transportation alone is the biggest hit on the citizens not to talk of food stuff and other things but if prices of petrol comes back to normal I believe all other things will drop price but that doesn't stop people from leaving because the hardship is just too much for some to handle and the government are just satisfied with the condition of the country and this isn't about my country but all over the world like countries that are finding it difficult to survive, what can be done to make them see the punishment they (the Government) have gotten us into?🤔

I am from Indonesia and because and the inflation is going crazy in here, last year the the price of rice which is the staple food in here are is up to 30%, and the price of gas too and with the gas price up the distribution is also become more expensive and it affect other goods too, I think even compared to covid-postcovid on 2020-2022 this years is the even worse.

Well, In my country, situation is also critical. Our government is taking debt from IMF again and again and after every agreement government applied taxes on common people. They applied taxes in the form of electricity bills and many people have Bills greater than their income. So how they will buy basic items and food is necessary part of lives and without food we cannot live and after that we need clothes to wear and also there are many expenses. But our government is corrupted and in future, the situation will be worse but there is no solution of that inflation and poor people are becoming more poorer and rich people are becoming richer.

My country has been in anarchy for years through which government party people looted thousands of crores of tk from various projects due to which the prices of goods in the country have increased drastically and the rate of inflation has increased at an abnormal rate every year. But recently the anti-quota movement forced the government to resign after 16 years in power. At present, the price of food products in the country is gradually decreasing even though the interim government is running the country. now the cost of food has come down a bit compared to before. and we are hopeful that our expenses will come down further in the coming days

Same here, in my country prices of commodities are 3x, some are 4x that of last year, inflation has affect a lot of countries seriously, the value of our currencies has been declining due to the current economic situation, we are still hoping for disinflation to happen, but the economy is worsen day by day, what some workers spend as transportation fee is greater than what they earn as salary, a lot of people are dieing out of hunger, poors doesn't use their money to purchase things that they need now expect foods stuff and still the money are not enough for them purchase enough food stuffs.

Salaries are not enough to spend and some government are not willing to pay, the inflation that is happening day by day has become unbearable to my country people that they have to protest against the government.


It makes the rich richer and also makes the poors to become more poorer, because for instance, after working all the hours to buy less and you  fell sick due to strain and ended up at the hospital, the less money you make to feed as to be use for the hospital bill, for you to feed that very moment will become a huge problem to you, what if the money is not up to the amount demanded for the treatment and you only depend on that money, as people works more they deserve to be paid higher, so that the money should be able to feed them enough and also fulfill some of their responsibilities.


Is the current situation we are living in now that is forcing some people to involved themselves in illegal activities like, terrorism, kidnapping, robbery, bribery, corruption, stealing and so on, and government has turn deaf ears about it, because a lot of people that are involved in those act are ordered by rich people and politicians, the law enforcement agencies that supposed to stand up to protect the citizens, defend them, guide them and arrest whoever commit a crime, punish them and correct them so that right of any citizen should not be neglected, are the ones protecting the criminals, because a certain amount of money was given to them to silent them, the inflation is only affecting the poors not the riches.

I think almost all countries these days are experiencing extreme inflation where prices of goods and services are now inevitably high. And if you've got no job to provide you sustainable income, you'll be suffering from head to toe. But for those who have good and high paying jobs, they may still feel the inflation but certainly not that high since they can also afford those goods and services.

Inflation rate in Asia https://tradingeconomics.com/country-list/inflation-rate?continent=asia

Glad I don't belong to those several country which experiencing a hardship in life due to inflation and current situation still manageable. Maybe its better for people to not settle down with officials don't have vision to combat this problems since if they elect those corrupt officials then they might suffer for more worse economic condition. Also its our obligation to work hard and find good opportunities to combat this situation and still live a comfortable life.

I guess we all suffer due to same reasons. Not only in your country, but almost all countries have been affected with inflation. With the gas price continues to increase, rice follows, and so the rest of the goods and even services. And if you don't have a stable job to rely on, you'll certainly be begging for survival since all the basic necessities are going more expensive. Good thing I have this side hustle that pays me well. Otherwise, I would also be one of those who struggle for daily life survival.

The economy of several nations as we have it now is bad, most people don’t earn enough to maintain a previous status and are constantly in constant battle with bills, expenses, rents and taxes. It’s not really easy living out here in this modern world we’ve built for ourselves.

Where am from, people literally live below the minimum wage. Almost all you touch seems unaffordable as, the hike in one item is reflected directly in the other. It’s a case of survival and the country have hard to protest over the hardship still, the government remains unchanged in there agenda.

It just looks like everything has tightened up within this periods because it looks like people are not earning enough due to inflation because no matter how much you earn, you will still end up buying things of livelihood at higher prices and it now appears like nothing is moving anymore while people are trying their possible best in order to earn a living.
             The governments doesn't even care about the grievances of her people when they embark on peaceful demonstrations in form of protest and they're adamant of the suffering and untold hardship the masses are facing, our economic system has failed and it looks like everything is collapsing the more. The average man barely eat talk more of the common man in the society, it's such a pity that we found ourselves in this kind of economic mess when everything would have been sorted out years back but those in government has been so lazy to have prepared a solution for something of this nature and it's sad to see more people suffering and lamenting, people have lost hopes and confidence in the government as they are even creating avenue to make things become ease for them by their selves instead of depending on the government for solutions.

I am a Bangladeshi, you can understand how perfect Bangladesh is for life. Still, since our own country is our own home, we are very well here. The standard of living in my country cannot be compared to developed countries because we are a less developed country and a less developed country is not comparable to a developed country. We have lack of food, lack of clothing, we have to spend a lot of money to buy anything. However, the price of petrol in your country is proportionally much higher than that in my country, but the price of petrol is still very low in your country. Even if we buy it with one dollar, we have to pay a lot more than before the price of petrol was much lower. Since the country has been freed from dictatorship, it is expected that our country will now come under the rule of the people. Until now, the autocrat has run the country very badly, but now it is understood that the country will run a little better, people will get a little relief and can buy.

I don't want to say that it's gradually becoming a hopeless situation in Nigeria right now but that is what it tends to be at the moment because the inflation is now out of control, people who have multiple jobs were able to provide for themselves and family but right now the economy is constantly rendering all their hard work and efforts useless.The price of petrol is a major factor that disabilizes everything, this isn't the only thing causing economic hardship but it's one of them. The Nigerian government can do better than this because, we have a lot of resources and Nigeria should be swimming in abundance but it's the total opposite of that

It's really true, bro, nowadays when we don't have a permanent job, we have to do things that we never thought about yesterday, even though the job is very despicable in the eyes of humans, as long as it's open to jobs like stealing and other crimes, now with our meager income we will scream without knowing who to complain to, with members of parliament representing the people they never pay attention, society today is in great difficulty, everywhere we see many people who are depressed due to disproportionate needs and income, where the price of basic necessities continues to rise. rising along with high levels of inflation, rich people who have lots of assets may not feel the suffering of the lower classes whose daily income is not sufficient to meet their daily needs, hopefully this suffering will quickly pass in this country.

The petrol cost and the other cost of living in my region is much lower than your county Australia but our region per capita income is also much lowers than the Australia.

And as per the current condition and after dictatorships our inflation rate is gone up and it more than 9% in the 2023. And as per the middles class peoples income it is really hard to make lead a healthy life and it's becoming more worst day by day. And from a news I heard that in the  july 25th the government print more 25k core taka so more inflation is coming in our country and worst life for middle class peoples and the lower class peoples.

$2.10AUD per liter, that’s high,
It’s not as much where am from but, am sure we are getting there. We’ve enjoyed some good days of subsidized petrol before it was removed. This was part of the move by the government to improve the cost of living from time past but, it’s amassed a lot of debts as well. The incoming government have removed subsidized petrol although it’s rumored to be done secretly and at a more cost effective rate but, the cost of living is way up.

For a country where majority of its populace live by daily, it just gets really difficult for those below the radar. Cost of food, housing, transportation, electricity bills and other utilities have tripled if not quadrupled. It’s really difficult and the people haven’t really got the means to carter for themselves.

You always have choices. If you wait till its too late, well suffer.
Learn not to wait for chances but to create those.

I live in Tunisia, a country in the far north of Africa with limited resources and a small population. Tunisia is classified as a developing country belonging to the third world.

The cost of living in Tunisia is considered reasonable compared to many other countries, making it an attractive destination for many. In general, the average person can live a comfortable life at a reasonable cost in Tunisia. Housing costs, for example, depend on the city, size, and services available, but are generally lower than in many European countries. Food, drink, and transportation costs are also reasonable, especially outside the main tourist areas. However, it should be noted that the cost of living can vary greatly between major cities and small villages, and between upscale neighborhoods and popular neighborhoods. Overall, Tunisia offers a variety of options to suit different budgets.

We can take the average cost required in your country. So if you say the cost of living there is at a reasonable figure I think that's pretty good because it means the income of its citizens can cover the cost of living. This is not the same as in my country Indonesia. Many cases of corruption and the government that does not want to see the economy of its people have created a big gap between inflation and salary increases. Here the average salary for workers has only increased by about 1 or 2% but inflation has increased by almost 10% for some sectors. You may not be able to get that data from the internet because the media reports that inflation is only about 2 or 3%. But in my daily life I see that for basic necessities such as good rice for example from $ 1 to $ 1.1 because the price of fuel has been increased by the government.