Sunday 24 February 2008

The Kebab Economics

Haven't been cooking for a long while. All associated skills seem a bit rusted which included onion chopping, the tolerance of heat etc.

What really took me aback today, was the shopping experience in the supermarket for preparing the steak and lamb kebab.


It was then I realised the true inflation effect and how expensive things are nowadays.

Don't need rocket science to figure the "Why" when you rub in the persistently cold weather damaging crops in mainland China, the drought cutting back Australia's wheat production and flooding affected European harvests. Just to sprinkle salt on the wounds for us all, food inflation is ever more apparent propelled with the high oil price.

Next time when you think about the seemingly good domestic retail sales from the outset, think again what drove that. Cuz I think what really contributed to that mirage, was nothing but the hefty increases in food prices.

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