The oil price and freaky weather is having an positive on prices. Price of grocery and food is going up and up. It may also be the increase in GST. Salary is stagnating. Nett effect? Our quality of life is dropping. The lower income group get the maximum impact as they spend a higher percentage of their income on food and transportation.
It's been a long time since price has increase so dramatically. I bet those born in the 70's and later has never inflation like this year.
The two percent increase in GST this year is another impact on our prices. Death and taxes are the only permanent things in life.
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