Originally posted by edison
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The Official DOOM: Breakfast
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First Law of Contracting: Only the strong survive -
Originally posted by AtW View Post“The price of breakfast: soaring costs bolster fears of global food inflation
The prices of raw materials that go into morning staples have surged since the start of the pandemic
The cost of raw materials that go into making breakfast staples have roared higher since the pandemic began — raising fears that a broad commodity boom could push up global food prices for consumers. Prices for bulk contracts of coffee, milk, sugar, wheat, oats and orange juice have jumped 28 per cent on average from 2019 levels, according to trading on US futures markets, where companies lock in supplies or hedge their exposure to commodities costs. For meat-eaters, adding pork to that list pushes the average price rise to 32 per cent.”
https://www.ft.com/content/007bd0a0-...c-ec5b0ef4374d
DOOMed, Officially!Comment
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Originally posted by _V_ View Post
I think the real figure should reflect a family with both parents working and earning the median income, living in the median sized house, living in the median priced location. Then it would be easy to see if the cost of living is rising for Mr + Mrs average.
When I first came to uk, about 6y ago. Weekly shopping was around £50. Now is about £80, at least. Single person.
Was renting a 2 bed flat with a friend in dinky Basildon for £850 (and I remember being annoyed for it being expensive). Now it is £1100. CT tax, utilities, you name it. All up.
It's messed up. I pity the people that are ready to retire now, their pots will be worth significantly less 5y from now.Comment
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