XSO 0.18% 3,003.9 s&p/asx small ordinaries

Hi PBI'm in Perth and inflation is obvious e.g. lean mince in...

  1. 138 Posts.
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    Hi PB

    I'm in Perth and inflation is obvious e.g. lean mince in woolies $10.50 last March now $15.50 etc. etc., but I have to wonder with more and more homebrand items on the shelf every week are we getting a distorted reading of sorts? I mean the cheap products are here to stay but it's not apples for apples with the years gone by, another example is canned branded tuna $2.20 whilst homebrand is .90c it has to affect the inflation figures and then we have the recent lows in fuel prices that are coming to an end quickly.

    I agree there is a glaring divide between figures used by CBs and what consumers are experiencing.


 
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