“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.
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !canada@lemmy.ca
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.