Cost of living spikes in COVID-19 double whammy -

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Cost of living spikes in COVID-19 double whammy - Today News Post News Today || Headlines Today

Prices of essentialsThe attention from a public health crisis that has taken nearly 3 million lives and quashed economies to encourage thinking abou, such as petrol and fruit and vegetables, spiked over the June quarter as the pandemic worsened cost-of-living pressures.

Driving the increases were floods in New South Wales and supply chain issues ranging from a shortage of fruit pickers to higher demand for furniture and new cars, with households forced to cop the increases after wages had fallen 4_kevindonovan.5 per cent below pre-COVID levels.

Consumer prices are now 1.8 per cent higher than before the pandemicreads a portion of Oxford University, the ABS said on Wednesday after publishing June quarter inflation data.

And the biggest pain was felt at the bowser.

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