Thread: Poll- The true cost of living in dispute

The true cost of living in dispute Chris Zappone
February 8, 2011 - 8:42AM
Ever get the feeling that modest official inflation figures don't tally with your ever-rising household expenses?

According to the latest consumer price inflation figures, the cost of goods and services in December rose annually just 2.7 per cent. The Reserve Bank's preferred inflation measure came in at a decade-low 2.25 per cent.

Turns out, though, that the cost of living is rising about 60 per cent faster than the headline CPI figure, or at a 4.6 per cent pace, for the year to September, according to JP Morgan.

Advertisement: Story continues below JP Morgan's cost of living index tracked price increases for items like food, fuel and electricity, and also included mortgage interest and consumer credit costs. December living costs data will be released next week.

“Despite a booming labour market, many household incomes in Australia are stretched due to rising cost pressures,â€

Poll: What's your experience about rising cost of living and the official consumer price inflation figures?
Please select an answer. Way out of whack: cost of living rising much more than official CPI data Slightly higher rises in cost of living than CPI figures show About the same Cost of living is rising less than the CPI figures show View results
Way out of whack: cost of living rising much more than official CPI data
81%
Slightly higher rises in cost of living than CPI figures show
11%
About the same
5%
Cost of living is rising less than the CPI figures show
3%

Poll: What's your experience about rising cost of living and the official consumer price inflation figures?
Way out of whack: cost of living rising much more than official CPI data

81%
Slightly higher rises in cost of living than CPI figures show

11%
About the same

5%
Cost of living is rising less than the CPI figures show

3%

Total votes: 1896.

Poll closes in 29 minutes.

I opened the link and all I get are the results so far, no option to submit.