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ABC News
ABC News
Business

Australia is in the middle of a cost-of-living crisis but we're not the only ones. Here’s what inflation looks like around the world

Aussies are well aware that the cost of living is increasing. Prices of food, gas, petrol and rent have skyrocketed thanks to the inflation rate rising to 6.1 per cent in June – a 21-year high.

While the Australian Bureau of Statistics reported a 2.4 per cent rise in annual wage growth for the March quarter, this has not been enough to compete with the soaring cost of living, leaving people around the country struggling.

But we're not the only ones.

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