Cost of Living VS Pay increases!

[yokebearer]

This quote off another thread -


After not having a cost of living increase for the last 8 years while inflation ran at about a 3% average, means each and everyone of us have already giving 24% in concessions. This equates to 3 months salary.





Cost of gweilo food in the Park n Rob and Welcome has increased by substantially more than 3% in the past few years.

I am doing a bit of research here and as an example cheese has on average doubled in price since '07. Chicken - imported - has gone up by 60% since Jan 2008. I can go on.

Frozen chinese dumplings on the other hand now costs EXACTLY the same as two years ago - wifey is local - she checks.

It is clear that the strategy is to up the prices of imported food to subsidize local food.

An SO mate with two kids now spends 25 % of his salary on food

[Follow the Follow Me]

Why has Australian & New Zealand dairy products increased dramatically in the last six months yet their currencies have decreased significantly ?

Thieves.

[Lowkoon]

And our rental allowances plummeting. Nice job, just getting to the point where I cant afford to keep it.

[N1 Vibes]

I've heard that chickens feet are quite nice....

[TruBlu351]

Why has Australian & New Zealand dairy products increased dramatically in the last six months yet their currencies have decreased significantly ?

No S*** Sherlock! ;) HKD$70 for a tub of yoghurt :} The lack of any regular payrises to keep up with the cost of living is just wrong. That was a 45% hike over night. I complained thinking they screwed up the price tags!! NOPE.

That was the straw that broke the camels back!!.......NO cheap strawberry yohurt?.....seeya.

[Bye Bye Baby]

Easy that one, the local stuff is full of melamine. So if you don't want your kids to end up with kidney failure, you'll pay whatever it costs or go without.
Its called opportunistic pricing.