Normal
Yup, and they're always looking in the rearview mirror.I say this somewhat flippantly, but I use my dear old Mum and Dad as a "leading indicator of inflation". They're retired and on fixed income so very sensitive to price increases in everyday items. My dad has always been a grumpy old man and so complains about everything, but my mum is far more considered. For the past two months she's been complaining about the significant increase in her everyday shopping: the recent increases in bread from bakers delight, the exorbitant price of Brussel sprouts in Coles and that petrol is not far off $2 a litre. Their cost of everyday necessities has increased dramatically over the past few months and looks set to continue to increase. If that ain't inflation not sure what is.
Yup, and they're always looking in the rearview mirror.
I say this somewhat flippantly, but I use my dear old Mum and Dad as a "leading indicator of inflation". They're retired and on fixed income so very sensitive to price increases in everyday items. My dad has always been a grumpy old man and so complains about everything, but my mum is far more considered. For the past two months she's been complaining about the significant increase in her everyday shopping: the recent increases in bread from bakers delight, the exorbitant price of Brussel sprouts in Coles and that petrol is not far off $2 a litre. Their cost of everyday necessities has increased dramatically over the past few months and looks set to continue to increase. If that ain't inflation not sure what is.
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