Inflation, How Bad is it in Your Country?

Hong Kong
July 11, 2008 9:02pm CST
I keep hearing from the news that the prices of everything go up dramatically and some of the items’ prices can go beyond 30% or 40% increase. I know it doesn’t happen only around here, but I wonder how bad is it for everyone else? My mom keeps complaining that the prices almost go up like every day (like US$0.5 each time). Sometimes, when you don’t buy something and think you would buy it later, then the very next day, you discover that the prices only go up higher. What about you?
5 responses
@aseretdd (13712)
• Philippines
14 Jul 08
Inflation is very bad in my country... gasoline prices is increasing everyday... transportation fare will increase this week so that the operators and drivers will be able to keep up with the cost of gasoline... All prices or commodities is set to increase within the next few days... but there is no move in the salary of people because that would cost another inflation... i wonder when this will eventually stop...
@gr8life (6253)
• Malaysia
14 Jul 08
Hello wondericequeen, Whenever I do my groceries shopping, I realize that the price of everything is always goes up and never goes down. If last time you could spend around $70 for wet market which will last for a month, it is totally different now. I feel like $10 means nothing anymore with all the prices increased nowadays.
@Vladilyich1 (1456)
• Canada
12 Jul 08
I'm in the U.S. Our economy is in the toilet! It's not only gasoline, but everything goes up daily. Wages are going down and jobs are disappearing.
• Philippines
12 Jul 08
my country is suffering from inflation and i mean it's bad! a lot of basic needs are no longer affordable like meat, etc. also, the price of gasoline is already at 60 philippines pesos (which is about $1.33 in the united states), fares for public transportation also increased. *sigh* it's a pain in the butt because we just bought a new car and now we don't use it that much because when we fill the car's tank with PHP300 (about $6.67), the car can only take me to the place im going and back home. it's not much help for me anymore. electric companies charges much higher than the usual. and now they are thinking of mobile networks charges! with all these things happening to our country, we're far from getting industrialized. i hate how the philippine government moves and in this situation that i'm in, i have this urge to leave for another country. :(
@Muelitz (1592)
• Canada
12 Jul 08
Peso - Philippine Currency
Inflation is bad in the country where I came from. That is the reason why I immigrated. The prices of commodities keeps on going up and the salaries of employees does not change. I believe it has been brought about by the continued increase in crude oil. I hope it stabilizes so that 3rd world nations can recover.:)