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re: The US BLS has announced that coffee prices will no longer be factored into CPI inflation

Posted on 5/12/24 at 3:53 pm to
Posted by bad93ex
Member since Sep 2018
27339 posts
Posted on 5/12/24 at 3:53 pm to
quote:

We have bought a brand of coffee from HEB for almost 10 years now. It was $2.50 from 2015-2021. Has been around $3.75 since Covid and was $4.88 this week.


We get the 100-pack of assorted flavors, it’s consistently the best deal for coffee.
Posted by notiger1997
Metairie
Member since May 2009
58244 posts
Posted on 5/12/24 at 3:55 pm to
quote:

Some chick posted a video where she spent $7 for one apple at Whole Foods.


So she’s obviously a dumbass
Posted by ruzil
Baton Rouge
Member since Feb 2012
16946 posts
Posted on 5/12/24 at 3:55 pm to
When the govt drops the chocolate rations from 30 to 25 grams, you simply report that the chocolate rations have been increased from 20 to 25 grams.

The sheeple won't notice.
Posted by LegendInMyMind
Member since Apr 2019
54729 posts
Posted on 5/12/24 at 3:59 pm to
In doing some light reading I've learned that Vietnamese coffee farmers make crawfish farmers look like non-profit charitable organizations.
Posted by LoneStar23
USA
Member since Aug 2019
5210 posts
Posted on 5/12/24 at 3:59 pm to
I've noticed. My coffee place has increased the prices slowly every month until I looked up the other day and realized in paying DOUBLE what I was one year ago. I am only doing coffee at home now.
Posted by Philzilla
Member since Nov 2011
1408 posts
Posted on 5/12/24 at 4:00 pm to
Of course they can’t hide it from people who buy coffee.
It’s self evident.
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
25817 posts
Posted on 5/12/24 at 4:00 pm to
quote:

The US BLS has announced that coffee prices will no longer be factored into CPI inflation


This is incorrect. The removal is a specific package size from the API, Coffee, 100 percent, ground roast, all sizes, per lb. (453.6 gm) remains in the API and coffee remains in the CPI. The screen grab in the tweet clearly says the API and does not mention CPI.
Posted by Civildawg
Member since May 2012
8590 posts
Posted on 5/12/24 at 4:02 pm to
Remember when the WH literally changed the definition of recession?
Posted by LegendInMyMind
Member since Apr 2019
54729 posts
Posted on 5/12/24 at 4:03 pm to
quote:

This is incorrect. The removal is a specific package size from the API, Coffee, 100 percent, ground roast, all sizes, per lb. (453.6 gm) remains in the API and coffee remains in the CPI. The screen grab in the tweet clearly says the API and does not mention CPI.

Shhhh......
Posted by Trevaylin
south texas
Member since Feb 2019
5967 posts
Posted on 5/12/24 at 4:11 pm to
Puerto Rico farms a pretty good coffee, yet in 1991 had to import coffee pickers from Haiti to do the field work. At the time, unemployment in PR was 20%. Because of the PR social welfare, no body wanted to work
Posted by RealDawg
Dawgville
Member since Nov 2012
9494 posts
Posted on 5/12/24 at 4:24 pm to
Tbh whores are the only thing that is cheaper.
Posted by FightinTigersDammit
Louisiana North
Member since Mar 2006
34813 posts
Posted on 5/12/24 at 4:28 pm to
And we have the same problem here.
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
64739 posts
Posted on 5/12/24 at 4:36 pm to
quote:

Reckon why coffee prices have increased so much?


Haven’t you heard? In the last three years all these corporations have suddenly discovered this new thing called “greed”. It all started, by pure coincidence, right after the Biden regime was installed in Washington. Before then, all corporations were benevolent entities with no interest in things like profit.

(I’m obviously joking, but leftists actually believe this horseshite)
Posted by Dixie2023
Member since Mar 2023
1524 posts
Posted on 5/12/24 at 4:37 pm to
Community is $8.99 at Winn Dixie. Thankfully, it goes on sale every couple of weeks for $4.99 so I grab a few. I won’t pay $8.99.
Posted by LegendInMyMind
Member since Apr 2019
54729 posts
Posted on 5/12/24 at 4:42 pm to
quote:

Community is $8.99 at Winn Dixie.

That's the little bag. Same price at Publix, but I only buy it there when it is buy one, get one free. Publix doesn't sell the big bags, dammit.

Community went up a few bucks during Covid, but has come down to pre-Covid price since, thankfully.
This post was edited on 5/12/24 at 4:43 pm
Posted by LegendInMyMind
Member since Apr 2019
54729 posts
Posted on 5/12/24 at 4:44 pm to
quote:

Puerto Rico farms a pretty good coffee, yet in 1991 had to import coffee pickers from Haiti to do the field work. At the time, unemployment in PR was 20%. Because of the PR social welfare, no body wanted to work

That's an issue in Vietnam right now, too. That, and real estate is going crazy there, so some farms are selling off acreage.
Posted by East Coast Band
Member since Nov 2010
62867 posts
Posted on 5/12/24 at 5:01 pm to
Coffee prices have not increased 78% since last September.

I track this stuff.

In 2020, I paid about $15 or so for the big Dunkin Donuts coffee at Sam's.
By 2022, it had gone steadily up to about $21.
And that's what it costs now. About the same over the course of a year.
Posted by VOLhalla
Knoxville
Member since Feb 2011
4455 posts
Posted on 5/12/24 at 5:11 pm to
The very premise of the thread is a total fabrication. Not sure why you’d believe any specific claims made by these random Twitter accounts.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119430 posts
Posted on 5/12/24 at 5:13 pm to
Got to get the dead coffee drinkers onboard for another 11th hour vote.
Posted by notiger1997
Metairie
Member since May 2009
58244 posts
Posted on 5/12/24 at 5:31 pm to
quote:

The very premise of the thread is a total fabrication. Not sure why you’d believe any specific claims made by these random Twitter accounts.


Have you never seen a economic related post by Stout?
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