“Slower growth in prices may be imperceptible to consumers who are still paying more than 20 per cent more for a basket of groceries relative to three years ago — the biggest such increase in 40 years,” [said a TD economist]…
While the pain at the cash register for staples like food and gasoline is getting comparatively better,
I always get a kick out of these pieces. The expert says we’re “still paying more”. Then the writer says “the pain … is getting comparatively better.”
If that 20% is a noticeable part of your budget, it isn’t getting better.
I always get a kick out of these pieces. The expert says we’re “still paying more”. Then the writer says “the pain … is getting comparatively better.”
If that 20% is a noticeable part of your budget, it isn’t getting better.
It will when you get a 20% pay raise… any day now, right?
20% pay raise isn’t enough, though. My grocery bill is OVER 2x the money for the same items. That means we need an over 100% pay raise.
But you’re not using yourself whole salary on groceries, though.
Rent went from $900 to $1600. Gas went from $1 to $2.20.
So ya. Everything has doubled or more.