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From New Zealand to Nigeria: the global toll of the cost of living crisis

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Photos of iceberg lettuce heads with hundred-dollar price tags have gone viral in recent weeks – a tongue-in-cheek nod to intensifying cost of living pressures that include rising food, fuel and energy prices.The cost of vegetables alone has increased 12.7% year-on-year.

Recent floods ruined crops in New South Wales and Queensland, while the cost of fertiliser is up 120% from 24 months ago.Soaring power prices are also threatening to stoke further inflationary pressures.

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