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Message

re: Grocery inflation

Posted on 4/5/24 at 11:24 pm to
Posted by BuckyCheese
Member since Jan 2015
49859 posts
Posted on 4/5/24 at 11:24 pm to
quote:

A gallon of milk is $6 where I live and a small block of cheese is the same.

Dairy products went through the roof like Salmon.



1 Gal Great Value whole milk- $3.29
1 Gal Prairie Farms whole milk-$4.92
52oz Fairlife Whole Milk-$4.48

It's good to be in WI for dairy products.

*I usually stick to the Fairlife.
Posted by BuckyCheese
Member since Jan 2015
49859 posts
Posted on 4/5/24 at 11:28 pm to
quote:

I’m truly thankful every meal we have at home (majority) and every grocery trip that I can buy what we need without worry. Do I like it — not a chance in hell. But can I still shop without too much worry about prices? Yes. Feel very blessed.




Same. I'm certainly in no danger of starving. I buy the exact same name brands I did 4 years ago and the price increase is insane.

Diet Coke is close to a 100% increase.

I almost never go in the store anymore but wouldn't be surprised if they are moving a lot more store brand product now than they did a few years ago.
Posted by Motownsix
Boise
Member since Oct 2022
1982 posts
Posted on 4/6/24 at 7:44 am to
If the conclusion is that people can barely afford the grocery essentials, I’m not buying it. The first four months of 2024 has yielded record highs in vacation travel. Every tourism related business I follow is reporting record sales. If people are struggling in this economy there isn’t much evidence that people aren’t spending money.
Posted by loogaroo
Welsh
Member since Dec 2005
31091 posts
Posted on 4/6/24 at 7:56 am to
quote:

The government stopped letting companies use unfertile eggs from hatcheries.


Why? This makes no sense.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261685 posts
Posted on 4/6/24 at 7:56 am to
quote:

If the conclusion is that people can barely afford the grocery essentials, I’m not buying it. The first four months of 2024 has yielded record highs in vacation travel.


You live in a world far removed from regular human beings who arent "carefree urbanites" flitting from restaurant to restaurant.
Posted by loogaroo
Welsh
Member since Dec 2005
31091 posts
Posted on 4/6/24 at 8:00 am to
quote:

The first four months of 2024 has yielded record highs in vacation travel.


I have a friend that owns boutique hotels along the Gulf Coast and several VRBO’s in nice beach towns and he tells me the occupancy is down at least 20% percent this year so far.
This post was edited on 4/6/24 at 8:04 am
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22370 posts
Posted on 4/6/24 at 8:00 am to
That's deceptive. You're leaving out the fact that everyone's income also increased 46.22%.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261685 posts
Posted on 4/6/24 at 8:03 am to
quote:



I have a friend that owns boutique hotels along the Gulf Coast and several VRBO’s and he tells me the occupancy is down at least 20% percent this year so far.


quote:

Americans are still splurging on travel and entertainment — even as credit card debt tops $1 trillion


People are dumb and will keep playing with monopoly money as long as they'll print it.
Posted by Rip Torner
Member since Jul 2023
577 posts
Posted on 4/6/24 at 9:12 am to
Yes because people have always made great budgeting decisions and I guess they could just grow their own food
Posted by TDTOM
Member since Jan 2021
14850 posts
Posted on 4/6/24 at 9:16 am to
…..and credit card balances?
Posted by loogaroo
Welsh
Member since Dec 2005
31091 posts
Posted on 4/6/24 at 9:25 am to
quote:

People are dumb and will keep playing with monopoly money as long as they'll print it.


Maybe in certain sectors, but the average folk vacation rentals. Gulf Coast, most of Florida except Miami area and the Keys, and much of the lower East Coast are seeing a decline in occupancy.

Shifting to skiing next year. I wonder how Epic Pass sales are going since they opened up a couple weeks ago.
Posted by Jax-Tiger
Port Saint Lucie, FL
Member since Jan 2005
24784 posts
Posted on 4/7/24 at 8:28 am to
quote:

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.


And you probably paid less than the 2020 price in 2020 if you were shopping at Wal-Mart back then, too. That's an average price, not lowest. Your prices went up just as much, but you have a different baseline.
Posted by RCDfan1950
United States
Member since Feb 2007
35009 posts
Posted on 4/7/24 at 9:28 am to
Yep, Wife said that the half-gallon of Blue Bell is now 8 something, and it was 4ish back when Trump was at the helm. It's going to get a lot worse, and the Dems seek to destroy the USD and replace it via "The Great Reset", which ensure total, ideological Leftist dominance via Cancel Culture.

"Lest ye take the number of the Beast, neither will ye be able to buy or sell". Trump can't stop this. It's coming. Regrettably so. The Good Lord weeps with and for His Children.
Posted by WildTchoupitoulas
Member since Jan 2010
44071 posts
Posted on 4/7/24 at 11:06 am to
quote:

Yes, I understand perfectly well why food is not included in the monthly inflation numbers.

Saying that, not having them included in any way...

WTF? What are you trying to do? Why don't you actually look at the numbers to see that they ARE, in fact, included?

quote:

The all items index rose 3.2 percent for the 12 months ending February, a larger increase than the
3.1-percent increase for the 12 months ending January. The all items less food and energy index rose
3.8 percent over the last 12 months. The energy index decreased 1.9 percent for the 12 months ending
February
, while the food index increased 2.2 percent over the last year.


Seasonally adjusted changes from preceding month Un-
adjusted
12-mos.
ended
Feb. 2024
Aug.
2023 Sep.
2023 Oct.
2023 Nov.
2023 Dec.
2023 Jan.
2024 Feb.
2024

All items
0.5 0.4 0.1 0.2 0.2 0.3 0.4 3.2

Food
0.2 0.2 0.3 0.2 0.2 0.4 0.0 2.2

Food at home
0.2 0.1 0.3 0.0 0.1 0.4 0.0 1.0

Food away from home(1)
0.3 0.4 0.4 0.4 0.3 0.5 0.1 4.5

Energy
4.4 1.2 -2.1 -1.6 -0.2 -0.9 2.3 -1.9

Energy commodities
8.3 1.8 -4.3 -3.8 -0.7 -3.2 3.6 -4.2

Gasoline (all types)
8.3 1.6 -4.3 -4.0 -0.6 -3.3 3.8 -3.9

Fuel oil
11.2 6.4 -6.4 -1.1 -3.3 -4.5 1.1 -5.4

Energy services
0.1 0.3 0.4 1.0 0.3 1.4 0.8 0.5

Electricity
0.2 0.8 0.4 1.0 0.6 1.2 0.3 3.6

Utility (piped) gas service
-0.3 -1.4 0.3 1.2 -0.6 2.0 2.3 -8.8




LINK
Posted by Undertow
Member since Sep 2016
7341 posts
Posted on 4/7/24 at 11:21 am to
I could be wrong about this but it seems like cheaper things have had a sharper increase percentage-wise than mid-level items. For example, a 20 oz bottle of coke at Walmart was about $1.18, now it’s $1.68, whereas a $60 coffee maker might only be $65 now.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261685 posts
Posted on 4/7/24 at 11:25 am to
quote:




Maybe in certain sectors, but the average folk vacation rentals. Gulf Coast, most of Florida except Miami area and the Keys, and much of the lower East Coast are seeing a decline in occupancy.


Luxury items will take a hit, people will just downsize a bit. Hopefully short term rentals in neighborhoods fall flat.

People are still spending like money is free.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11196 posts
Posted on 4/7/24 at 11:33 am to
It’s pretty easy to not struggle if you’re poor, rich or retired. All of the above categories are enriched with government spending. Which is why the prices are going to be sticky for consumer staples.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261685 posts
Posted on 4/7/24 at 11:37 am to
Our big issue here is freight, since we arent on a road system. Everything has to be flown or barged in.

Food inflation is crippling. I have a couple grandkids coming to visit for the summer, my food bill will probably be a grand a month.

Posted by mizzoubuckeyeiowa
Member since Nov 2015
35636 posts
Posted on 4/7/24 at 8:42 pm to
quote:

1 Gal Great Value whole milk- $3.29
1 Gal Prairie Farms whole milk-$4.92
52oz Fairlife Whole Milk-$4.48

It's good to be in WI for dairy products.


Yeah...living on the Coasts isn't worth it despite having the ocean.

There's basically 4 States that get jacked on everything from gas to food (NY, California, Alaska and Hawaii) which allows all the other States to be far cheaper.
Posted by momentoftruth87
Member since Oct 2013
71700 posts
Posted on 4/7/24 at 8:50 pm to
Bidenomics sucks and inflation is out of control. This is why that thread awhile back of how we can get to 2% is bullshite. The models the govt uses are out of date and rigged to the administrations desires.

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