Why do prices keep increasing even if dollar is declining?

Whoa! my very first blog post. i am very lazy when it comes to these but hey, with google adsense’s popularity i think ill give a go with blogging and see what happens. What to blog? what to blog? i guess i can ask about why consumer prices keep skyrocketing even though the u.s. dollar is declining? i thought that since the dollar has been weakening, at least prices would also downgrade. no way! they keep skyrocketing upward. even the pinaypay saging just increased its price to almost 100%?!? are they nuts? you’d think they imported those bananas from abroad hence the increase.

the same thing with julie’s bakeshoppe. they probably increased all prices of their bread products. i only eat their cheese bread and choco german. cheese bread had a probably acceptable 50 cent increase but choco german?!? no way.. it’s the same as the pinaypay banana, almost a 100% increase. i did ask my uncle last year why it happens like that. he told me, that is just the way how it works out. businesses would be happy because consumer prices would never be lowered. see this as another profit for them.

dollar keeps declining (which is good news for the government only). i don’t see it as good news to us. OFWs wouldn’t like this because the conversion rate becomes small. so do people who have invested in the dollar. considering our salaries barely get an increase every year, it can’t keep up with the increase of prices in almost everything. life’s getting harder and harder each day.. and it’s going to probably get worse …

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