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Grocery inflation
Posted on 4/5/24 at 4:11 pm
Posted on 4/5/24 at 4:11 pm
Yes, I understand perfectly well why food is not included in the monthly inflation numbers.
Saying that, not having them included in any way definitely skews the numbers to look much better than they really are. (And they are still bad)
My average grocery bill reflects the above.
30
Posted on 4/5/24 at 4:15 pm to BuckyCheese
Dems would be too stupid to add up the whole difference in dollars.
How's your minimum wage increase working for you now?
It's the same when you were working for $7.25/hr.
Too dumb to see it.
How's your minimum wage increase working for you now?
It's the same when you were working for $7.25/hr.
Too dumb to see it.
This post was edited on 4/5/24 at 4:55 pm
Posted on 4/5/24 at 4:16 pm to BuckyCheese
Biden is an asshoe
Posted on 4/5/24 at 4:23 pm to BuckyCheese
quote:
My average grocery bill reflects the above.
Two areas of our lives that tell us quite often how bad inflation is are food and energy for we make multiple purchases each month in both.
Hence, they hide the inflation numbers of food and energy cost due to a very lame excuse.
Posted on 4/5/24 at 4:24 pm to BuckyCheese
quote:
Yes, I understand perfectly well why food is not included in the monthly inflation numbers.
I don’t. Learn me. Why shouldn’t monthly inflation numbers actually reflect what people are spending their money on?
This post was edited on 4/5/24 at 4:26 pm
Posted on 4/5/24 at 4:24 pm to BuckyCheese
Posted on 4/5/24 at 4:25 pm to BuckyCheese
The 2 biggest increases are not on the list.
STEAKS...all cuts. Only ground beef is on the list.
PET FOOD... especially dog food.
STEAKS...all cuts. Only ground beef is on the list.
PET FOOD... especially dog food.
Posted on 4/5/24 at 4:27 pm to BuckyCheese
I buy three items off that list eggs, ground beef and butter and I pay less than those prices on all but one (eggs) at WalMart.
Posted on 4/5/24 at 4:29 pm to Zach
There is another "hidden inflation" in groceries as well.
With the hyperinflation on grocery prices, the demand for "generic store brand" cleans out the shelves every week.
If your budget was based on a reliable supply of "generic store brand" items, you are now forced to buy named brands because on the wrong day or wrong time... the generic brand shelves have been wiped clean.
And a 40% grocery inflation pushes closer to 60-80%.
With the hyperinflation on grocery prices, the demand for "generic store brand" cleans out the shelves every week.
If your budget was based on a reliable supply of "generic store brand" items, you are now forced to buy named brands because on the wrong day or wrong time... the generic brand shelves have been wiped clean.
And a 40% grocery inflation pushes closer to 60-80%.
Posted on 4/5/24 at 4:35 pm to BuckyCheese
Dems keep telling us we are better of and don’t know what were talking about…..
Bidenomics is working and we need to enjoy it.
Bidenomics is working and we need to enjoy it.
Posted on 4/5/24 at 4:36 pm to BuckyCheese
I’m still mad about the silver surfer and now you drop this on me?!?!
Posted on 4/5/24 at 4:39 pm to cwill
Cwill chuckles while average Americans struggle to pay their bills. So brave
Posted on 4/5/24 at 4:39 pm to Zach
quote:
PET FOOD... especially dog food.
I used to feed my dogs Royal Canin. Switched to Science Diet. It's a little cheaper.
Posted on 4/5/24 at 4:40 pm to UncleFestersLegs
Have you seen what they did to the silver surfer??? There’s a whole thread dedicated to the pressing issue. So mad!
Posted on 4/5/24 at 4:46 pm to cwill
I don’t care if they turn the sliver surfer into a gold hippo but I do care about grocery prices. Inflation will give us trump 2.0 and I cannot wait. The melts from cwill and his ilk will be monumental.
Posted on 4/5/24 at 4:49 pm to cwill
quote:
I’m still mad about the silver surfer and now you drop this on me?!?!
I'd drop a loaf on your head if the opportunity arose.
Posted on 4/5/24 at 4:52 pm to BuckyCheese
A few things:
Food producers have bet, correctly that even if you bitch about the prices, you'll pay the nutt....because it's food
The last 12 months though have not been ideal for things like cattle and some grains like corn because of weather.
In the last 6 months there has been a re-emergence of bird flus thus the price of eggs have started to go up
Then there is the dollar and how it is acting on the commodities market.
Food producers have bet, correctly that even if you bitch about the prices, you'll pay the nutt....because it's food
The last 12 months though have not been ideal for things like cattle and some grains like corn because of weather.
In the last 6 months there has been a re-emergence of bird flus thus the price of eggs have started to go up
Then there is the dollar and how it is acting on the commodities market.
Posted on 4/5/24 at 4:59 pm to Indefatigable
quote:
I don’t. Learn me. Why shouldn’t monthly inflation numbers actually reflect what people are spending their money on?
Most grocery items are commodities which can have large, rapid, price swings in both directions. Including them in the monthly inflation numbers would result in wildly variable numbers that would have little use in gauging the economy.
If beef spikes up 20% due to a disease scare and then drops back down to normal the following month it would give an inaccurate reading of the economy.
There is a very obvious trend which should be included in the numbers however. I'm sure some statisticians could figure out how to add the trend but they refuse to.
Economists look at more than a single chart anyway.
Posted on 4/5/24 at 5:00 pm to KiwiHead
quote:
food The last 12 months though have not been ideal for things like cattle and some grains like corn because of weather.
Corn is cheap and plentiful. I own a Feedmill. Trust me this is one of the few bright spots on this economy. It is not a factor.
quote:
In the last 6 months there has been a re-emergence of bird flus thus the price of eggs have started to go up
The government stopped letting companies use unfertile eggs from hatcheries. That has decreased the egg supply in a big way. The bird flu has not really affected egg supply or poultry meat any. You can blame the govt for this artificial decrease in supply.
quote:
up Then there is the dollar and how it is acting on the commodities market.
Yeah the obiden admin has put policies in place that has shot a torpedo into the dollar value. Thanks Joe.
Posted on 4/5/24 at 5:02 pm to BuckyCheese
I just got back from Rouse's... They have chicken tenders (raw not tyson) on sale for $1.48.. eggs were cheaper than Winn Dickme..$3.99 for XL.. They had Scott toilet paper 8 rolls for $6.97. Rouses cheese for $1.78 for shredded, sliced and block.. I got some other stuff and my bill was 50 bucks. No dog food and no booze...
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