this post was submitted on 21 Nov 2023
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[–] [email protected] 12 points 1 year ago (1 children)

"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.

[–] [email protected] 7 points 1 year ago (1 children)

It will when you get a 20% pay raise… any day now, right?

[–] [email protected] 2 points 1 year ago (1 children)

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.

[–] [email protected] 2 points 1 year ago (1 children)

But you're not using yourself whole salary on groceries, though.

[–] [email protected] 3 points 1 year ago

Rent went from $900 to $1600. Gas went from $1 to $2.20.

So ya. Everything has doubled or more.