Cost of living increase benign?
Bollocks. Electricity has gone through the roof over here - South Australia now has the most expensive electricity on the PLANET. Not only that, but housing prices have also exploded, to the point where a normal suburban home will set you back around half a million dollars. Rents have increased accordingly. Most working class people are now spending more than the recommended third of their income on housing because of the insane property prices in this country. and these increased costs have had a flow-on effect to everything else.
Basic foodstuffs have remained relatively stable, as have consumer electronics, although how I don't know, considering petrol, energy, housing and everything else have gone nuts over here.