For example, grocery prices and utility costs have been growing faster than many average incomes. In a recent economic survey, average expenses on food rose by over one-third, and energy costs climbed similarly — much faster than income growth. Energy and utility costs bite hard. Energy price changes ripple through the economy, raising transport costs, production costs, and even food prices — tightening the squeeze on families further. To reduce the living costs meaningfully, policymakers must look beyond headline inflation and engage with how real households experience price changes.

Source: The Patriot January 18, 2026 19:32 UTC