Are the poor getting poorer?

There certainly is inflation here in Brazil and it's hitting the poorest members of society the hardest because the prices of even the most basic foods are constantly rising. I don't know why the government here doesn't do something, Hell when the car industry goes into a slump or the household appliance industry takes a dip the government reacts instantly, but when food prices go off the chart they sit on their hands and watch children starve. Guess that's because starving children don't have lobbyists.

Cheers,
William James Woodward, EB Experts Team

Indonesia has its problems.
House prices are going crazy at up to 30%/year increase.
Fuel subsidies were reduced last year, causing a knock on price rise in pretty much everything else.
You'd have to be daft to think that wasn't going to impact the poorest members of society.

American inflation

usinflationcalculator.com/inflation/current-inflation-rates/

Seems low, but how do they calculate it?

They seem to ignore fuel costs

oilprice.com/Energy/Gas-Prices/U.S.-Gas-Prices-Rise-but-not-because-of-Global-Factors.html

Crude oil prices account for about 70 percent of the price U.S. consumers pay for a gallon of gasoline. AAA reported a national average price for a gallon of regular unleaded gasoline of $3.64, up nearly 6 cents from last week.

and house prices

bloomberg.com/news/2014-06-17/consumer-prices-in-u-s-increase-by-most-in-more-than-a-year.html

Consumer prices rose in May by the most in more than a year, showing U.S. companies are gaining some pricing power as the economy strengthens, and the homebuilding industry stabilized after a first-quarter swoon.

If the US government fiddles the numbers as much as the UK government, the real number will be a lot higher.

Laos is no better off either. Inflation is around 6% but govt tells you it is a lot less. House prices in Vientiane  can reach $900,000 + . Fuel is imported so expensive.
Private school fees are as high as $20,000 per child per year. Thailand is actually cheaper now than Laos, the reverse of 10 years ago.

Prices here in Gambia are going up steadily. This is not a problem for those with a foreign income because the dalasi is going down so in Euro or sterling values prices are actually going down!

A good thread, El!

Our prices are tied (as is our coupon-currency) to US prices, plus a local element. Our reckless politicians overspent and over-borrowed for decades, until two years ago when our colonial motherland took fright and sent some of its spare clerks to sort things out. Government finances are in dire shape, so taxes are always on the rise. (We have no Income Tax, but I don't know how long that will be the case.) Public Revenue - and therefore our prosperity - derives largely from our Offshore tax-haven; we don't know how long that will last, either.

The prosperity keeps a lot of Jamaicans alive, and Filipinos and Indians and Latin Americans. Thousands flock here to work in menial jobs, earning just enough to allow them to send money back home. Much like what happens in the Gulf States - although there's more of a slavery culture there.

Its true that with high price rise poor gets poorer but if there is a scope of salary hike will be better...........

the wrld has seen its rise.....now its on revers

Same here in Ethiopia.