Thursday, December 1, 2022

THEME DAY for December: Luxury


 I was thinking and thinking about the theme "Luxury" and wanted to avoid the usual pictures that pop into one's mind when hearing the word. (See other theme day posts at THEME DAY.)

Finally I had a "Eureka!" moment when I found that I am surrounded by luxury. Serbia's inflation is rising and here's what the Internet has to say:  "For 2021, an inflation rate of 4.1% was calculated. During the observation period from 1995 to 2021, the average inflation rate was 22.5% per year. Overall, the price increase was 10,671.01%. An item that cost 100 dinars in 1995 costs 10,771.01 dinars at the beginning of 2022."

So, this supermarket flyer is a good example. Items that used to be within reach for most have now become 'luxuries.' And I am glad I have gone off meat, except for rare occasions.  For your information, the average salary in Serbia is the equivalent of $1,347.00 which may not go far for families. For those on pensions which is inferior to that, it's even more difficult.




4 comments:

JudithK said...

Yes. It's everywhere. Energy and food, up and up. Here in TX, one of these days it will be water too. Oddly enough, energy and food aren't counted in the inflation rate here. That's been true for a long time, and the explanation is that those are "too volatile" to be meaningful indexes.Really? Meaningful only to economists I suspect.

Bob Crowe said...

Of course, people here experience it but I fear that it is much worse in parts of Europe. Energy prices are falling here, until we see what Russia does next. As always, the poor suffer the most.

William Kendall said...

Good lord, that's steep.

Jim said...

Interesting.

APRIL BAR

 Photo of a texter at April Bar here in Belgrade. April seems far away....