Sad thing is that a 364% increase from 1990 to 2023 didn’t even feel that big to me. In my country the price probably increased between 1000% and 1500% in this period (considering our local currency). However in USD the same items are probably still cheaper here than they are in America.
Comment on Shows how out of control inflation is
9point6@lemmy.world 10 months ago
But $72.28 is 364% of $19.83
Where’s their number coming from
Phen@lemmy.eco.br 10 months ago
9point6@lemmy.world 10 months ago
So apparently the shop was: 2L milk, 2L orange juice, 2 ready meals, loaf of bread, dryer sheets, toilet paper, washing liquid, cling film, and some toy soldiers
I’m not sure what that would add up to in Brazil (going by your instance), but I’d guess that shop would cost me around £50 in today’s money, which is roughly in line with the amount in the OP
Phen@lemmy.eco.br 10 months ago
That’s about a week of minimum wage. If I’m not too far off in my price estimation I think the same groceries would cost half that much here.
Dmian@lemmy.world 10 months ago
This TikTok www.tiktok.com/…/7305957178521750830
superduperenigma@lemmy.world 10 months ago
Their ass, it’s Fox News.