4 ms·
I'm not in the EU, but this is what our family has done. Our food bill alone has gone from around 30% of our takehome pay to around 40%, and we just don't have
by bcrosby95 4y ago
I'm not in the EU, but this is what our family has done. Our food bill alone has gone from around 30% of our takehome pay to around 40%, and we just don't have the income to absorb that increase.
So the useless crap, the things that make inflation look not so bad, gets cut out.
- amock 4y agoI'm in the US and this is what I hear from the people I know. Most of those people don't carefully track their expenses so they just know that they have less left over after paying for the necessities. A couple of them do track expenses carefully and when I was talking to them a few months ago they said that their personal inflation rates were at least 20% over the previous 12 months. I just checked heating fuel costs and they're up 36% from last year, which is less than I expected given what other people have said about their costs but it's still significant. It's definitely going to be a hard winter for a lot of people I know.