The affordability illusion
Despite a reported 3.4 percent inflation rate in August 2026, the actual day-to-day cost of living remains a significant concern for consumers.
The annual inflation rate of 3.4 percent reported in August 2026 sounds manageable, especially compared to the pandemic-era peak of 9 percent. But a closer look reveals that the day-to-day cost of living is far more troubling.
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