Food Inflation Hits Highs Not Seen Since 1979

Also, kind of a bitch move to not include the link to the actual post...but innuendo is pretty much all you're capable of at this point.

So when we look at this thumbnail, what do we see? We see you being quoted in full, not selectively.

You're lying again.
 
298120754_10220980782017918_4593722317593296426_n.jpg
 
Although the Consumer Price Index came in lower than expected at 8.5% in July, inflation is continuing to hit grocery shopping. The food-at-home category soared to 13.1 % over the last year, the largest increase since the period ending March 1979, according to the US Labor Department on Wednesday.

Egg prices in particular have been driven higher by one of the worst bird flu outbreaks in US history, killing more than 30 million commercial and wild birds. The crisis hurt egg-laying hens and turkeys the most. Although the outbreak has eased in the US, growers are still repopulating their flocks, which is expected to bring prices down eventually.

Consumers have been fighting inflation by trading down to value brands, IRI said. They’ve also been shopping deals, with IRI saying 55% of ice cream was purchased with coupons in July.

Overall, food prices are up 14% year over year through July, according to the company. The research firm compiles its insights from point-of-sale data.

https://finance.yahoo.com/news/eggs-prices-us-jump-47-001717350.html

"IT'S TRANSITORY!!"
 
Although the Consumer Price Index came in lower than expected at 8.5% in July, inflation is continuing to hit grocery shopping. The food-at-home category soared to 13.1 % over the last year, the largest increase since the period ending March 1979, according to the US Labor Department on Wednesday.

Egg prices in particular have been driven higher by one of the worst bird flu outbreaks in US history, killing more than 30 million commercial and wild birds. The crisis hurt egg-laying hens and turkeys the most. Although the outbreak has eased in the US, growers are still repopulating their flocks, which is expected to bring prices down eventually.

Consumers have been fighting inflation by trading down to value brands, IRI said. They’ve also been shopping deals, with IRI saying 55% of ice cream was purchased with coupons in July.

Overall, food prices are up 14% year over year through July, according to the company. The research firm compiles its insights from point-of-sale data.

https://finance.yahoo.com/news/eggs-prices-us-jump-47-001717350.html

Grow a victory garden?!!

51CVqIpvKeS._SX409_BO1,204,203,200_.jpg
 
If only the House goes red in November, Biden's insane spending can be stopped (all spending bills originate in the House).

Of course the insane spending...with the resultant out of control inflation...has already occurred.

One wonders when the national debt reaches one hundred trillion dollars...next Friday?
 
Although the Consumer Price Index came in lower than expected at 8.5% in July, inflation is continuing to hit grocery shopping. The food-at-home category soared to 13.1 % over the last year, the largest increase since the period ending March 1979, according to the US Labor Department on Wednesday.

Egg prices in particular have been driven higher by one of the worst bird flu outbreaks in US history, killing more than 30 million commercial and wild birds. The crisis hurt egg-laying hens and turkeys the most. Although the outbreak has eased in the US, growers are still repopulating their flocks, which is expected to bring prices down eventually.

Consumers have been fighting inflation by trading down to value brands, IRI said. They’ve also been shopping deals, with IRI saying 55% of ice cream was purchased with coupons in July.

Overall, food prices are up 14% year over year through July, according to the company. The research firm compiles its insights from point-of-sale data.

https://finance.yahoo.com/news/eggs-prices-us-jump-47-001717350.html

Hey just curious...why haven't wages inflated at the same rate as everything else?
 
have your incompetent administration stop fucking up the economy.

You're the ones who fucked up the economy before COVID:

U.S. manufacturing was in a mild recession during 2019, a sore spot for the economy
https://www.washingtonpost.com/busi...mild-recession-during-2019-sore-spot-economy/

Recession officially started in February, researchers say
June 8 2020
https://www.foxbusiness.com/economy/us-recession-started-in-february-researchers-say

A Decline in Capital Investment Reveals the False Promise of Trump’s Tax Bill
https://www.newyorker.com/news/our-...-reveals-the-false-promise-of-trumps-tax-bill
 
This would be funny if it wasn't so true....no one should have to decide between buying groceries and anything else....prices are outrageous...

That crap won’t work when the leader of your party is about to be proven to have stolen nuclear weapons documents from the government
 
You're the ones who fucked up the economy before COVID:

U.S. manufacturing was in a mild recession during 2019, a sore spot for the economy
https://www.washingtonpost.com/busi...mild-recession-during-2019-sore-spot-economy/

Recession officially started in February, researchers say
June 8 2020
https://www.foxbusiness.com/economy/us-recession-started-in-february-researchers-say

A Decline in Capital Investment Reveals the False Promise of Trump’s Tax Bill
https://www.newyorker.com/news/our-...-reveals-the-false-promise-of-trumps-tax-bill

Oh my


Even fox
 
Eggs...$3.19 Milk....3.59 Butter 3.99....
Finding out the truth...Priceless...;)
 
Eggs...$3.19 Milk....3.59 Butter 3.99....
Finding out the truth...Priceless...;)

Watching low-info Reichtards like yourself pretending that inflation isn't global and only Americans are paying more: Priceless.

You really should stick to gossip, personal attacks, and passive-aggressive spite. Go with what you know! You know your forum days are numbered when the only person who replies to your stupid is the one you've stalked and doxed for years. :laugh:
 
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